Why is Likhitha Infra falling/rising?

As of 25-Jul, Likhitha Infrastructure Ltd is experiencing a decline in its stock price, currently at 271.85, which reflects a decrease of 5.1 or 1.84%. The stock has been on a downward trend, losing 5.61% over the past week and 7.39% over the past month. It has also fallen for five consecutive days, trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a slight increase in delivery volume, indicating some rising investor participation, the stock's overall performance has been poor, with a year-to-date return of -22.68% and a one-year return of -37.46%. The company has a low Debt to Equity ratio and an attractive valuation with a Price to Book Value of 2.9, but its operating profit growth has been lackluster, and institutional investor participation has decreased.
In the broader market context, Likhitha Infrastructure's recent performance has significantly underperformed compared to the benchmark, with the Sensex showing a decline of only 0.36% over the past week and a modest drop of 1.56% over the past month. The stock's substantial decline of 37.46% over the last year starkly contrasts with the market's negative return of just 0.19%. This underperformance, coupled with falling participation from institutional investors, suggests a lack of confidence in the company's long-term growth prospects, further contributing to the stock's downward trajectory.