Why is PSP Projects falling/rising?

As of 25-Jul, PSP Projects Ltd is experiencing a decline in its stock price, currently at Rs 810.75, which represents a decrease of Rs 15.4 or 1.86%. The stock has underperformed its sector today by 0.97% and has seen a consecutive fall over the last two days, resulting in a total decline of 2.31%. Although the stock is close to its 52-week high, being just 3.92% away from Rs 842.5, it has shown mixed performance in the past month with a gain of 7.58%, while the year-to-date return stands at an impressive 24.77%. However, the company has faced significant 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 for the last six consecutive quarters, which have contributed to the stock's recent downward movement.
In the broader market context, the stock's short-term performance has been less favorable compared to the benchmark, as it has fallen by 0.71% over the past week while the Sensex has only declined by 0.36%. Despite generating a return of 20.11% over the past year, the stock's profitability has decreased by 54.1%, indicating underlying financial issues. Additionally, there has been a notable decrease in institutional investor participation, with a reduction in their stake by 10.36% in the previous quarter, which may signal a lack of confidence in the company's future prospects. This combination of poor financial performance, declining investor interest, and recent price drops has contributed to the stock's current downward trend.