Why is IITL Projects falling/rising?

As of 23-Sep, IITL Projects Ltd is currently priced at 54.91, with no change in price (0.00%). The stock has underperformed in the short term, with a 1-week return of -3.62% compared to the Sensex's -0.34%. Over the past month, the stock has declined by 12.07%, while the Sensex has gained 0.98%. Despite a strong performance over the past year, where the stock rose by 51.81% against the Sensex's -3.33%, the company faces significant challenges. Key issues include a negative book value, poor long-term growth with net sales declining at an annual rate of -161.78%, and a high debt-to-equity ratio. Additionally, the stock has shown erratic trading patterns, not trading on 2 out of the last 20 days, and is currently below all moving averages, indicating a bearish trend.
Broader market context shows that while IITL Projects has outperformed its sector by 0.92% today, the overall market (BSE500) has generated negative returns of -4.69% over the last year. This context highlights the stock's ability to generate substantial returns despite broader market challenges. However, the company's weak fundamentals, including a significant drop in pre-tax and net profits, alongside rising raw material costs, contribute to its risky profile. The increase in delivery volume by 614.71% on 22 Sep suggests rising investor participation, but the overall outlook remains cautious due to the company's financial instability and declining profitability.