Why is Enviro Infra falling/rising?

As of 29-Aug, Enviro Infra Engineers Ltd is experiencing a decline in its stock price, currently at 249.60, which reflects a decrease of 2.2 or 0.87%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 6.9% over the past week. Additionally, the stock's performance today has underperformed its sector by 0.84%. Despite being higher than the 100-day and 200-day moving averages, it remains lower than the 5-day, 20-day, and 50-day moving averages. Furthermore, there has been a significant drop in investor participation, with delivery volume decreasing by 49.41% compared to the 5-day average. The stock's year-to-date performance shows a substantial decline of 19.94%, contrasting sharply with the Sensex, which has gained 2.14%.
In the broader market context, the stock's recent performance is notably weaker than the benchmark, as it has declined more than the Sensex over both the past week and month. While the company demonstrates strong fundamentals, such as a high return on equity of 27.92% and a low debt-to-equity ratio of 0.05, these positive factors have not translated into stock price stability in the short term. The company has shown healthy growth in net sales and operating profit, with net sales growing at an annual rate of 44% and a positive trend in profit after tax. However, the recent price movements indicate that investor sentiment may be cautious despite these strong financial indicators, contributing to the stock's current downward trajectory.