Why is Meghna Infracon falling/rising?

As of 05-Sep, Meghna Infracon Infrastructure Ltd's stock price is currently at Rs 564.00, reflecting a decrease of Rs 3.9 or 0.69%. The stock has underperformed its sector today, with a performance decline of 1.18%. It reached an intraday low of Rs 556.1, indicating a drop of 2.08%. Over the past week, the stock has seen a decline of 1.91%, and over the past month, it has decreased by 3.96%. Despite these short-term declines, the stock has shown strong long-term performance, with a remarkable 101.43% return over the past year and a staggering 2217.17% increase over the past three years. Additionally, the stock has a solid average Return on Equity (ROE) of 26.69%, and institutional investors have increased their stake by 5.32%, indicating confidence in the company's fundamentals.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has increased by 1.13% over the past week and remained flat over the past month. This divergence highlights the stock's current struggles despite its impressive long-term returns. The falling investor participation, as evidenced by a 6.2% decrease in delivery volume compared to the five-day average, may also be contributing to the stock's downward movement. While the stock remains liquid enough for trading, the short-term underperformance against the benchmark suggests that market sentiment may be cautious, despite the strong fundamentals and institutional backing.