Why is Sanmit Infra falling/rising?

As of 08-Jul, Sanmit Infra Ltd's stock price is currently at 10.73, reflecting a decrease of 0.16, or 1.47%. The stock has underperformed its sector by 2.58% today, and its delivery volume has significantly declined by 35.86% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 3.42%, and it has shown a substantial decline of 31.74% over the past year, with profits falling by 65.1%. Despite a strong ability to service debt and positive quarterly results, including a remarkable growth in PAT and net sales, the stock's performance remains weak relative to its historical valuations and peers.
In the broader market context, the Sensex has shown a slight increase of 0.02% over the past week, contrasting with Sanmit Infra's decline. While the stock has been trading at a discount compared to its peers, the significant drop in its returns over various periods, including a 75.50% decline over three years, highlights a stark underperformance against the benchmark. This disparity suggests that while the company has some positive financial indicators, the overall market sentiment and stock performance remain unfavorable.