Why is Garnet Construct falling/rising?

As of 29-Jul, Garnet Construction Ltd is experiencing a decline in its stock price, currently at 36.25, reflecting a decrease of 0.5 or 1.36%. The stock has underperformed its sector today by 2.66%, despite being higher than the 50-day, 100-day, and 200-day moving averages. In the past week, the stock has dropped by 4.08%, while it has shown a strong performance over the past month with a gain of 23.34%. However, the company is facing challenges, including operating losses and a weak long-term fundamental strength, as indicated by a low return on equity of 8.98% and a significant decline in profit after tax over the last six months.
In the broader market context, the Sensex has experienced a decline of 1.03% over the past week, which suggests that the market sentiment is somewhat negative. While Garnet Construction has outperformed the benchmark in the long term, with a 38.10% return over the past year compared to a flat performance from the Sensex, the recent operating losses and high non-operating income relative to profit before tax indicate underlying financial weaknesses. This combination of factors may be contributing to the stock's current downward movement, despite its historical performance and rising investor participation.