Why is Enviro Infra falling/rising?

As of 11-Aug, Enviro Infra Engineers Ltd is experiencing a decline in its stock price, currently at Rs 242.65, which reflects a decrease of Rs 15.0 or 5.82%. The stock has underperformed its sector by 5.4% today and has been on a downward trend for the last two days, accumulating a total loss of 6.69%. The stock has shown high volatility, trading within a wide range of Rs 31.65, with a day’s high of Rs 264.95 and a low of Rs 233.3. Over the past week, the stock has decreased by 4.13%, and over the past month, it has fallen by 11.80%, significantly underperforming the Sensex, which has only declined by 2.30%. Despite the company’s strong fundamentals, including a high return on equity and consistent positive results over the last three quarters, the stock's recent performance indicates a lack of investor confidence, as evidenced by a 26.58% drop in delivery volume compared to the five-day average.
Broader market context shows that while the Sensex has gained 3.15% year-to-date, Enviro Infra has seen a substantial decline of 22.17% in the same period. This stark contrast highlights the stock's struggles against the broader market trends, suggesting that investor sentiment may be influenced by factors specific to the company rather than the overall market conditions. The company's healthy long-term growth metrics, such as a 44% annual growth rate in net sales, may not be enough to offset the recent negative price movements, indicating that investors are currently more cautious about the stock's immediate prospects.