Why is Garnet Construct falling/rising?

As of 11-Jul, Garnet Construction Ltd's stock is currently priced at 38.16, reflecting a decrease of 0.78, or 2.0%. The stock has been underperforming recently, having fallen for the last two consecutive days, resulting in a total decline of 6.93% during this period. Despite this short-term downturn, the stock has shown strong performance over the longer term, with a 44.00% increase over the past year and a remarkable 252.35% rise over the last five years. However, the company is facing challenges, including operating losses and a weak long-term fundamental strength, which may be contributing to the recent price decline. The company's return on equity is relatively low at 8.98%, and its profit after tax has decreased significantly, indicating potential profitability issues.
In the broader market context, Garnet Construction's recent performance contrasts with the Sensex, which has seen a slight decline of 1.12% over the past week. While the stock has outperformed the benchmark in the long term, the recent drop in investor participation, evidenced by a decrease in delivery volume, suggests a lack of confidence among investors. Additionally, the stock's current trading position above its moving averages indicates some underlying strength, but the combination of operating losses and a high price-to-book value may deter potential buyers. Overall, while the stock has a history of strong returns, the recent negative factors are likely influencing its current price movement.