Why is Enviro Infra falling/rising?

As of 17-Sep, Enviro Infra Engineers Ltd is currently priced at 262.00, reflecting a decrease of 1.2 or 0.46%. The stock has recently underperformed its sector by 0.96% and has experienced a trend reversal, falling after three consecutive days of gains. Despite this decline, the stock has shown positive short-term performance with a 5.31% increase over the past week and a 4.42% increase over the past month. Additionally, the company has demonstrated strong fundamentals, including a high return on equity of 27.92%, a low debt-to-equity ratio of 0.05, and significant growth in net sales and operating profit over the last six months. These factors contribute to a generally favorable outlook, despite the recent price drop.
In the broader market context, the stock's performance over the past week has outpaced the benchmark Sensex, which increased by 1.56% during the same period. However, year-to-date, Enviro Infra has underperformed significantly with a decline of 15.96%, while the Sensex has risen by 5.83%. This disparity highlights the challenges the company faces in the longer term, despite its strong operational metrics and recent positive quarterly results. The rising investor participation, indicated by a 127.96% increase in delivery volume, suggests that there is still interest in the stock, which may help stabilize its price in the future.