Why is PSP Projects falling/rising?

As of 21-Jul, PSP Projects Ltd is currently priced at 808.80, reflecting a decrease of 7.75 (-0.95%). The stock has underperformed its sector by 1.4% today and has been on a downward trend for the last three days, resulting in a total decline of 2.75% during this period. Despite this recent drop, the stock has shown strong performance over the past year, generating a return of 23.37%, significantly outperforming the broader market, which has only returned 1.63%. However, the company has faced challenges, including a poor long-term growth outlook with operating profit declining at an annual rate of 8.25% over the last five years and negative results reported for the last six consecutive quarters, which may be contributing to the current price decline.
In the broader market context, PSP Projects has outperformed the Sensex in the short term, with a 4.72% increase over the past week compared to a slight decline of 0.06% in the benchmark index. Despite this, the stock's recent performance is overshadowed by its declining investor participation, as evidenced by a significant drop in delivery volume. Additionally, the stock's high valuation, indicated by a Price to Book Value of 2.7, coupled with falling profits, suggests that investors may be reassessing its worth, leading to the current price movement.