Why is IITL Projects falling/rising?

As of 22-Sep, IITL Projects Ltd is experiencing a decline in its stock price, currently at Rs 51.30, reflecting a decrease of 4.69 (-8.38%). The stock has underperformed significantly today, opening with a loss of 9.79% and touching an intraday low of Rs 50.5. Over the past week, the stock has decreased by 9.98%, and its performance over the last month shows a decline of 17.85%. Despite a strong annual return of 48.91%, the company faces challenges such as a negative book value, high debt levels, and poor long-term growth indicators, including a drastic drop in net profit and operating profit. The stock's volatility and low investor participation further contribute to its current downward trend.
In the broader market context, while the Sensex has shown a slight increase of 0.46% over the past week, IITL Projects has significantly lagged behind, indicating a divergence from the overall market performance. The stock's year-to-date return of -14.50% contrasts sharply with the Sensex's gain of 5.15%, highlighting its struggles relative to the benchmark. The company's weak fundamentals, including a negative book value and declining sales, suggest that investors are cautious, leading to the stock's current decline amidst a generally stable market environment.