Why is Optiemus Infra falling/rising?

As of 17-Jul, Optiemus Infracom Ltd's stock price is currently at 624.95, reflecting a decrease of 12.6 points or 1.98%. The stock has recently underperformed its sector by 2.15% and has experienced a trend reversal, falling after two consecutive days of gains. Today, the stock reached an intraday high of Rs 664.3 but also touched a low of Rs 620.85, indicating volatility. Despite a strong long-term growth trajectory with a 58.04% return over the past year, the stock has faced challenges, including a weak EBIT to Interest ratio of 0.67 and negative results in the most recent quarter, which may be contributing to the current price decline.
In the broader market context, the stock has outperformed the Sensex over the past week and month, with returns of 3.13% and 1.67%, respectively, while the Sensex has declined by 1.12% and increased by 0.83%. However, year-to-date, Optiemus has underperformed the benchmark, with a decline of 10.87% compared to the Sensex's gain of 5.27%. The increasing participation of institutional investors, who have raised their stake in the company, suggests a positive outlook among more informed investors, but the recent price drop indicates that short-term concerns may be overshadowing these long-term growth prospects.