Why is Patel Engineerin falling/rising?

As of 05-Sep, Patel Engineering Ltd's stock price is currently at 37.74, reflecting a slight decrease of -0.04, or -0.11%. The stock has been underperforming recently, having fallen for the last two days, resulting in a total decline of -1.38% during this period. Despite this, the stock has shown a positive trend over the past week and month, with returns of +1.73% and +3.28%, respectively. However, it has significantly underperformed over the year, with a return of -35.34%. The company has a healthy long-term growth outlook, with operating profit increasing at an annual rate of 53.23%, but it faces challenges such as a low debtors turnover ratio and a high percentage of pledged promoter shares, which can exert downward pressure on the stock price.
In the broader market context, while the Sensex has generated a return of +1.13% over the past week, Patel Engineering's performance has outpaced this benchmark, indicating some resilience in the short term. However, the stock's year-to-date performance is concerning, with a decline of -27.21% compared to the Sensex's gain of +3.29%. The stock's liquidity appears adequate, with a delivery volume increase of 21.13% against the five-day average, suggesting some investor interest despite the recent price drop. Overall, while there are positive indicators for long-term growth, the recent price movements reflect ongoing challenges and market pressures that are impacting investor sentiment.