Why is Man Infra falling/rising?

As of 23-Jul, Man Infraconstruction Ltd's stock price is currently at Rs 182.75, reflecting an increase of Rs 3.8, or 2.12%. The stock has shown strong performance today, outperforming its sector by 3.44% and reaching an intraday high of Rs 183.6. Over the past week, the stock has gained 1.81%, and in the last month, it has risen significantly by 12.98%. The company demonstrates high management efficiency with a return on equity (ROE) of 18.04% and has a low debt-to-equity ratio, indicating financial stability. However, it faces challenges such as flat results in March 2025 and a relatively high price-to-book value compared to its peers, which may contribute to concerns about its valuation despite its healthy long-term growth in net sales and operating profit.
In the broader market context, the stock's short-term performance has outpaced the Sensex, which has only increased by 0.11% over the same week. This suggests that investor sentiment towards Man Infraconstruction Ltd is currently more positive compared to the overall market. The rising investor participation, evidenced by a significant increase in delivery volume, further supports this positive sentiment. However, the stock's year-to-date performance remains negative at -25.91%, contrasting with the Sensex's gain of 5.87%, indicating that while recent movements are favorable, the stock has faced considerable challenges over a longer time frame.