Why is RKEC Projects falling/rising?

As of 17-Sep, RKEC Projects Ltd is experiencing a decline in its stock price, currently at 70.05, reflecting a decrease of 0.98 or 1.38%. The stock has underperformed its sector today by 1.61%, and while it is trading above the 20-day and 50-day moving averages, it is below the 5-day, 100-day, and 200-day moving averages. The stock has shown a significant drop of 4.30% over the past week, while it has gained 7.26% over the last month. However, the stock's year-to-date performance is concerning, with a decline of 23.77%, and a staggering 44.52% drop over the past year. The company's recent financial performance has been weak, with negative results reported for the last three consecutive quarters, contributing to a low Return on Equity and a high Debt to EBITDA ratio, which raises concerns about its long-term viability.
In the broader market context, the Sensex has increased by 1.43% over the past week, contrasting sharply with RKEC's decline, indicating that the stock is not only underperforming its sector but also the overall market. The company's weak fundamentals, including a 19.5% drop in profits over the past year and a low ability to service debt, further exacerbate its challenges. Despite having a very attractive valuation based on ROCE and trading at a discount compared to its peers, the persistent negative financial results and falling investor participation, as evidenced by a 57.33% drop in delivery volume, suggest that investor confidence is waning, leading to the stock's current downward trend.