Why is PSP Projects falling/rising?

As of 11-Aug, PSP Projects Ltd is currently priced at Rs 674.00, reflecting a decrease of Rs 7.2 or 1.06%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 5% during this period. Today's trading saw the stock reach an intraday low of Rs 666.6, and it has traded with lower volumes, evidenced by a significant drop in delivery volume by 98.32% compared to the five-day average. Over the past week, the stock has shown a positive return of 5.05%, but it has underperformed over the last month with a decline of 10.78%. The company has reported negative results for the last seven consecutive quarters, with a significant drop in net sales and operating profit, contributing to its poor long-term growth outlook.
In the broader market context, while the Sensex has seen a slight decline of 0.51% over the past week, PSP Projects' recent performance contrasts sharply with this benchmark. The stock's negative trajectory is compounded by a decrease in institutional investor participation, which has fallen by 10.36% in the previous quarter, indicating a lack of confidence from more knowledgeable investors. Additionally, the stock's valuation appears expensive relative to its peers, with a price-to-book value of 2.2, further discouraging potential buyers. Overall, the combination of poor financial performance, declining investor interest, and underwhelming market returns has led to the stock's recent decline.