Why is Sangam India falling/rising?

As of 22-Jul, Sangam (India) Ltd is experiencing a decline in its stock price, currently at Rs 456.75, which reflects a decrease of Rs 9.55 or 2.05%. Today's price summary indicates that the stock has underperformed its sector by 1.62%, reaching an intraday low of Rs 456.75. Additionally, the stock's performance over the past week shows a decline of 2.29%, while it has performed better over the past month with a return of 5.51%. Despite a strong yearly return of 17.31%, the company has faced challenges, including a significant drop in profits by 21.3% over the past year, which may contribute to investor concerns. Furthermore, the stock's delivery volume has decreased by 58.93%, indicating falling investor participation, which could also be influencing the current price movement.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has underperformed the Sensex, which declined only 0.47% over the same week. While Sangam (India) Ltd has shown impressive long-term returns, including a 714.17% increase over five years, its weak long-term fundamentals, such as a low Return on Capital Employed (ROCE) of 6.5% and a high Debt to EBITDA ratio of 3.51, raise concerns about its growth potential. The lack of domestic mutual fund investment, holding only 0% of the company, may suggest a lack of confidence in its current valuation or business prospects, further contributing to the stock's downward pressure.