Why is Man Infra falling/rising?

As of 10-Jul, Man Infraconstruction Ltd's stock price is currently at 185.15, reflecting a slight increase of 0.2 (0.11%). Today's price summary indicates that the stock has gained after two consecutive days of decline, although it underperformed its sector by 0.36%. In terms of returns, the stock has seen a 1-week decline of 1.12% and a year-to-date drop of 24.93%, despite a strong 3-year return of 126.21%. The company exhibits high management efficiency with a return on equity (ROE) of 18.04% and has shown healthy long-term growth with net sales increasing at an annual rate of 32.95%. However, the stock's valuation appears expensive with a price-to-book value of 3.9, and it has underperformed the market over the past year, generating negative returns of -8.99% compared to the broader market's positive performance.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has only declined by 0.06% over the past week and has gained 6.46% year-to-date. This indicates that while the stock has experienced a minor uptick today, it remains under pressure in the short term compared to the benchmark. The falling investor participation, evidenced by a significant drop in delivery volume, suggests a lack of confidence among investors, which may be contributing to the stock's overall downward trend. Despite the positive long-term growth indicators, the recent flat results and high valuation relative to peers may be causing caution among investors, leading to the stock's recent fluctuations.