Why is RDB Infrastruc. falling/rising?

As of 18-Nov, RDB Infrastructure and Power Ltd's stock price is currently at 47.00, reflecting a decrease of 0.75, or 1.57%. The stock has been experiencing a downward trend, having fallen for the last two consecutive days, resulting in a total decline of 5.66% during this period. Over the past week, the stock has underperformed significantly with a return of -11.54%, while the Sensex has gained 0.96%. Despite the company reporting positive results for the last four consecutive quarters, including a 36.21% growth in net sales and a highest PAT of Rs 3.05 cr, the stock's long-term fundamental strength appears weak, evidenced by a low Return on Capital Employed (ROCE) of 3.69% and a high Debt to EBITDA ratio of 24.66 times. Additionally, while institutional investors have increased their stake by 1.97%, indicating some confidence, the overall investor participation has declined sharply, with delivery volume dropping by 82.06% against the 5-day average.
In the broader market context, RDB Infrastructure has underperformed relative to the benchmark, with a year-to-date return of -10.98% compared to the Sensex's gain of 8.36%. This stark contrast highlights the stock's struggles in the current market environment, where it has consistently lagged behind the broader market trends. The stock's performance over the last year, generating a return of -3.69% while the market has returned 8.30%, further emphasizes its challenges. The combination of weak long-term fundamentals, declining investor participation, and significant underperformance against the benchmark contributes to the stock's current downward trajectory.