Why is IRB Infra.Devl. falling/rising?

As of 05-Aug, IRB Infrastructure Developers Ltd is currently priced at 45.00, reflecting a decrease of 0.24 or 0.53%. The stock has underperformed its sector today by 1.03%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 3.41%, and it has seen a significant drop of 9.04% over the past month. Despite positive financial results, such as a 41.41% growth in PAT over the last six months and a high institutional holding of 53.83%, the stock faces challenges due to weak long-term fundamentals, including a low average Return on Capital Employed (ROCE) of 7.88% and a high Debt to EBITDA ratio of 5.18 times. These factors contribute to a negative sentiment around the stock, leading to its recent price decline.
In the broader market context, the stock has underperformed significantly compared to the benchmark, with a year-to-date decline of 21.36% while the Sensex has gained 3.29%. Over the past year, IRB Infrastructure has generated a return of -25.84%, contrasting sharply with the market's positive return of 2.48%. This stark difference highlights the stock's struggles in attracting investor confidence, particularly given its poor long-term growth metrics, which have led to a perception of it being a strong sell despite some recent positive financial indicators.