Why is Ducon Tech falling/rising?

As of 15-Jul, Ducon Infratechnologies Ltd's stock price is currently at 6.30, reflecting a decrease of 0.12 or 1.87%. The stock has underperformed its sector today by 3.05% and has experienced a trend reversal, falling after three consecutive days of gains. Over the past week, the stock has shown a slight increase of 0.16%, but it has significantly underperformed the benchmark over the longer term, with a year-to-date return of -20.25% compared to the Sensex's 5.67%. Despite a notable rise in profits by 77.6% over the past year, the stock's return has been negative, indicating underlying issues. The company's weak long-term fundamentals, highlighted by a low average Return on Capital Employed (ROCE) of 9.33% and a high Debt to EBITDA ratio of 3.93 times, contribute to its declining stock price. Additionally, a decrease in promoter confidence, with a 3.54% reduction in their stake, further signals potential concerns about the company's future.
In the broader market context, Ducon Infratechnologies Ltd's short-term performance contrasts with the benchmark, as it has underperformed the Sensex by 1.36% over the past week. While the stock has shown some resilience in the short term with a 0.80% increase over the past month, it remains significantly behind the benchmark's 1.79% gain. The overall market sentiment appears to be more favorable, as indicated by the Sensex's positive returns, while Ducon's consistent underperformance over the last three years, including a -16.31% return in the past year, suggests that investor confidence in the stock is waning.