Why is Enviro Infra falling/rising?

As of 24-Sep, Enviro Infra Engineers Ltd is experiencing a decline in its stock price, currently at Rs 255.50, which reflects a decrease of Rs 11.4 or 4.27%. The stock has underperformed its sector by 2.98% today and has been on a downward trend for the last two days, accumulating a total loss of 5.86%. Additionally, the stock's performance over the past week shows a decline of 2.48%, and it has fallen 4.70% over the past month. Despite the company's strong fundamentals, including a high return on equity of 27.92% and significant growth in net sales and operating profit, the recent price movement indicates a lack of investor confidence, as evidenced by a 37.51% drop in delivery volume compared to the five-day average.
In the broader market context, the stock's short-term performance contrasts with the benchmark Sensex, which has only declined by 1.18% over the past week. While Enviro Infra has shown healthy long-term growth metrics, including a 25.38% increase in net sales and a 34.48% rise in profit after tax over the latest six months, the current market sentiment appears to be negative, leading to the stock's recent price drop. The overall liquidity remains adequate for trading, but the falling investor participation suggests caution among traders, contributing to the stock's downward trajectory.