Why is IRB Infra.Devl. falling/rising?

As of 01-Aug, IRB Infrastructure Developers Ltd is experiencing a decline in its stock price, currently at 44.36, reflecting a decrease of 0.73 or 1.62%. The stock has underperformed its sector by 0.85% today and has been on a downward trend for the past three days, accumulating a total loss of 4.79% during this period. Additionally, the stock has shown poor performance over the past week and month, with returns of -4.52% and -10.67%, respectively. Despite some positive financial indicators, such as a significant growth in profit after tax and a high debtor turnover ratio, the company faces challenges with weak long-term fundamental strength, including a low return on capital employed and a high debt-to-EBITDA ratio, which contribute to its current price decline.
In the broader market context, the stock has underperformed the benchmark, with a one-year return of -32.03% compared to the Sensex's decline of only 1.55%. This stark contrast highlights the stock's struggles relative to the overall market, which has generated negative returns of -4.13% in the same timeframe. The weak investor participation, indicated by a significant drop in delivery volume, further exacerbates the stock's challenges, suggesting a lack of confidence among investors. Overall, the combination of poor short-term performance, weak long-term fundamentals, and declining investor interest has led to the current downward movement in IRB Infrastructure Developers Ltd's stock price.