Why is Garnet Construct falling/rising?

As of 25-Jul, Garnet Construction Ltd is experiencing a decline in its stock price, currently at 36.70, reflecting a decrease of 0.81 or 2.16%. The stock has underperformed its sector by 1.27% today and has been on a consecutive downward trend for the last three days, accumulating a total decline of 2.88% in that period. Despite a strong performance over the past year with a return of 39.81%, the company is facing significant challenges, including operating losses and a weak long-term fundamental strength. The latest financial metrics indicate a concerning drop in profitability, with a PAT growth of -62.41% and a PBT decline of -232.1%. Additionally, the stock's liquidity is under pressure, as evidenced by a 68.9% decrease in delivery volume compared to the five-day average.
In the broader market context, Garnet Construction's recent performance contrasts with the benchmark, as it has shown a positive return of 0.82% over the past week, while the Sensex has declined by 0.36%. However, the stock's year-to-date performance is negative at -1.61%, while the Sensex has gained 4.25%. This divergence highlights the stock's struggles despite its historical returns, which have outperformed the broader market over longer periods. The company's high valuation relative to its profitability, indicated by a low Return on Equity of 7.3 and a Price to Book Value of 0.5, further complicates its outlook, suggesting that investors may be cautious amid the current financial challenges.