Why is Garnet Construct falling/rising?

As of 10-Jul, Garnet Construction Ltd's stock price is currently at Rs 38.94, reflecting a decrease of Rs 2.06 or 5.02%. Today's price summary indicates that the stock has underperformed its sector by 5.49% and has experienced a trend reversal after 12 consecutive days of gains. The stock touched an intraday low of Rs 38.94, with a weighted average price showing that more volume was traded close to this low price. Despite this decline, Garnet Construction has shown strong performance in the long term, with a 46.94% return over the past year and significant outperformance against the BSE500 over various periods. However, the company is facing challenges, including operating losses and a weak long-term fundamental strength, which may be contributing to the recent price drop.
In the broader market context, Garnet Construction's short-term performance contrasts with the Sensex, which has remained relatively flat with a change of -0.06% over the past week. While the stock has outperformed the benchmark significantly over the past year and three years, the current decline may be attributed to its weak profitability metrics, including a low return on equity and substantial operating losses. This situation suggests that despite the stock's historical performance, current investor sentiment may be influenced by concerns over the company's financial health, leading to the recent price decline.