Why is Man Infra falling/rising?

As of 14-Jul, Man Infraconstruction Ltd's stock price is currently at 179.90, reflecting a decline of 1.95, or 1.07%. The stock has been underperforming recently, having fallen consecutively for the last two days with a total decline of 2.84%. In terms of performance, the stock has underperformed its sector by 2.1% today and has seen a significant drop of 4.87% over the past week. While it has shown positive growth over the past month at 9.43%, its year-to-date performance is concerning, with a decline of 27.06%. The company does exhibit some strengths, such as a high return on equity (ROE) of 18.04% and a low debt-to-equity ratio, but it also faces challenges, including a flat result in March and a high price-to-book value ratio compared to its peers, indicating a potentially expensive valuation.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has only declined by 1.42% over the past week. This disparity highlights the stock's struggles relative to the overall market. Additionally, the company's liquidity appears adequate for trading, but a notable decrease in delivery volume by 24.02% against the five-day average suggests waning investor interest. The stock's long-term growth potential is supported by strong net sales growth and operating profit, yet the recent decline in profits by 5.9% over the past year raises concerns. Overall, while there are positive factors at play, the combination of recent performance trends and valuation concerns contributes to the stock's current downward movement.