Why is Ducon Tech falling/rising?

As of 02-Jul, Ducon Infratechnologies Ltd is currently priced at 6.56, reflecting a decline of 0.23 or 3.39%. The stock has recently underperformed its sector by 4.16% and has experienced a trend reversal after four consecutive days of gains. Despite a notable increase in delivery volume, which rose by 12.59% against the five-day average, the stock's performance over the past month shows a decline of 1.94%, while it has underperformed the benchmark Sensex, which gained 2.50% in the same period. The company's return on capital employed (ROCE) is relatively attractive at 13, but it faces challenges with a high debt-to-EBITDA ratio and weak long-term growth, as evidenced by a net sales growth rate of only 7.21% over the last five years. Additionally, a decrease in promoter confidence, with a reduction in their stake by 3.54%, may further contribute to the stock's downward pressure.
In the broader market context, Ducon Infratechnologies Ltd has shown a significant underperformance against the benchmark over the last three years, with a return of -12.00% compared to the Sensex's gain of 6.75% year-to-date. This consistent underperformance highlights the stock's struggles relative to the market, which may be influencing investor sentiment negatively. While the stock has seen a short-term gain of 10.81% over the past week, the overall trend remains concerning, particularly given the long-term fundamental weaknesses and the recent decline in promoter confidence, which could deter potential investors.