Why is PSP Projects falling/rising?

As of 04-Sep, PSP Projects Ltd is currently priced at 719.80, reflecting a decrease of 3.05 points or 0.42%. The stock has recently outperformed its sector by 0.39%, although it has experienced a trend reversal, falling after two consecutive days of gains. In terms of performance, the stock has shown a 2.73% increase over the past week and a notable 12.19% rise over the past month, despite a decline in net sales and negative results over the last seven quarters. The company's low debt-to-equity ratio of 0.06 times and its ability to generate a return of 7.08% over the past year, despite broader market challenges, indicate some resilience. However, the significant drop in operating profit and the company's negative financial results have raised concerns about its long-term growth potential.
Broader Market Context: The stock's recent performance contrasts with the broader market, as the Sensex has only increased by 0.80% over the past week and has shown a decline of 0.37% over the past month. While PSP Projects has outperformed the market in the short term, the overall negative sentiment in the market, reflected by the BSE500's -4.38% return over the last year, may be contributing to the stock's current price decline. The stock's premium valuation compared to its peers, combined with falling profits and poor long-term growth prospects, suggests that investor confidence may be wavering, leading to the observed decrease in price.