Why is Enviro Infra falling/rising?

As of 18-Sep, Enviro Infra Engineers Ltd is currently priced at 260.30, reflecting a decrease of 1.7 points or 0.65%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of 1.1% during this period. Despite this, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating some underlying strength. However, investor participation appears to be waning, with delivery volume dropping by 38.89% compared to the 5-day average. Over the past week, the stock has shown a positive return of 5.60%, although it has underperformed against the benchmark Sensex, which has risen by 1.80% in the same timeframe.
In the broader market context, while Enviro Infra's short-term performance has been strong, its year-to-date return of -16.50% starkly contrasts with the Sensex's gain of 6.24%. This suggests that the stock is struggling to maintain momentum compared to the overall market. Despite the recent price decline, the company exhibits high management efficiency with a return on equity of 27.92% and a low debt-to-equity ratio of 0.05, which are positive indicators for long-term growth. Additionally, the company has reported healthy growth in net sales and operating profit, with net sales increasing by 25.38% and profit after tax growing by 34.48% over the last six months. These factors contribute to a mixed outlook, as the stock's recent performance does not fully reflect its underlying financial health.