Why is Man Infra falling/rising?

As of 18-Nov, Man Infraconstruction Ltd's stock price is currently at Rs. 130.15, reflecting a decline of Rs. 4.3 or 3.2%. The stock has recently hit a new 52-week low of Rs. 129.7 and has underperformed its sector by 1.51%. Over the past week, the stock has decreased by 2.58%, and it has shown a significant year-to-date decline of 47.23%. Key negative factors include a drop in profit before tax and operating cash flow, as well as a low return on capital employed. Despite having a high management efficiency with a return on equity of 18.78% and healthy long-term growth in net sales, the stock's valuation appears expensive compared to its peers, contributing to its recent downward trend.
In the broader market context, the Sensex has increased by 0.96% over the past week, contrasting with Man Infraconstruction's decline. This underperformance is evident as the stock has generated negative returns of 24.29% over the past year, while the broader market has returned 8.36%. Additionally, the falling investor participation, with a significant drop in delivery volume, indicates a lack of confidence among investors, further exacerbating the stock's decline. Overall, the combination of poor financial results, high valuation concerns, and weak market sentiment has led to the stock's current downward trajectory.