Why is Likhitha Infra falling/rising?

As of 01-Aug, Likhitha Infrastructure Ltd is currently priced at 271.25, reflecting a decline of 6.2 points or 2.23%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 3.13% during this period. It has also underperformed its sector by 1.46% today. The stock's performance over the past week shows a slight decrease of 0.22%, while it has experienced a significant decline of 39.11% over the past year. Despite a low debt-to-equity ratio and a reasonable return on equity of 18.6, the stock's operating profit growth has been poor, and institutional investor participation has decreased, indicating a lack of confidence in the stock's future prospects.
In the broader market context, Likhitha Infrastructure's recent performance contrasts with the benchmark, as the Sensex has only declined by 1.06% over the past week and 3.70% over the past month, while Likhitha's declines are steeper. The stock's year-to-date performance is particularly concerning, with a drop of 22.85%, compared to the Sensex's gain of 3.15%. The overall market has shown resilience, but Likhitha's significant underperformance, coupled with falling institutional interest and a lack of positive growth indicators, suggests that investors are wary, contributing to the stock's downward trajectory.