Why is PSP Projects falling/rising?

As of 29-Aug, PSP Projects Ltd is experiencing a decline in its stock price, currently at Rs 686.20, which reflects a decrease of Rs 14.5 or 2.07%. Today's performance indicates that the stock has underperformed its sector by 1%, and it has fallen after five consecutive days of gains. The stock reached an intraday low of Rs 683.4, and its delivery volume has decreased by 3% compared to the five-day average, suggesting a drop in investor participation. Over the past week, the stock has shown a positive return of 2.62%, but it has seen a significant decline of 13.42% over the past month. The company's financial health is concerning, as it has reported negative results for the last seven consecutive quarters, with a drastic fall in net sales and operating profit, contributing to the stock's recent downward movement.
In the broader market context, while the Sensex has declined by 1.84% over the past week, PSP Projects has managed to outperform it slightly in that timeframe. However, the stock's long-term growth prospects appear poor, with an annual operating profit decline of 13.99% over the last five years and a return on equity (ROE) of only 4.7%, indicating an expensive valuation relative to its peers. The stock is trading at a premium compared to historical valuations, which, combined with a significant drop in profits over the past year, has likely contributed to the negative sentiment surrounding the stock.