Why is Man Infra falling/rising?

As of 25-Jul, Man Infraconstruction Ltd's stock price is currently at Rs 176.00, reflecting a decline of Rs 4.45 or 2.47%. The stock has underperformed its sector today by 1.58% and has been on a consecutive downward trend for the last two days, accumulating a total loss of 3.69% during this period. The stock touched an intraday low of Rs 174.5, indicating significant selling pressure. Over the past week, the stock has decreased by 2.22%, and year-to-date, it has experienced a substantial decline of 28.64%. While the company boasts a high return on equity (ROE) of 18.04% and a low debt-to-equity ratio, it has faced challenges such as flat results in March 2025, a low return on capital employed (ROCE), and an expensive valuation compared to peers, which may be contributing to the recent price drop.
In the broader market context, the stock's performance has been notably weaker than the benchmark Sensex, which has seen a slight decline of 0.36% over the past week and a positive return of 4.25% year-to-date. This stark contrast highlights the stock's underperformance, particularly as it has generated a return of -13.79% over the last year, significantly worse than the market's overall negative return of -0.19%. The falling investor participation, as evidenced by a 45.05% drop in delivery volume compared to the five-day average, further underscores the lack of confidence among investors, contributing to the stock's downward trajectory.