Why is Sanmit Infra falling/rising?

As of 17-Jul, Sanmit Infra Ltd's stock price is currently at 10.58, reflecting a decrease of 0.07, or 0.66%. The stock has underperformed its sector today by 1.62% and has been on a consecutive decline for the last two days, resulting in a total drop of 0.94% during this period. Over the past week, the stock has decreased by 1.21%, and it has significantly underperformed the benchmark indices over longer periods, with a year-to-date decline of 18.62% compared to a 5.27% increase in the Sensex. Despite a strong ability to service debt indicated by a low Debt to EBITDA ratio of 1.09 times and positive quarterly results, the stock's performance has been hampered by a substantial year-over-year profit decline of 65.1%, contributing to its negative returns.
In the broader market context, Sanmit Infra's recent performance contrasts sharply with the benchmark, as it has underperformed the market significantly over the past year, generating a return of -32.57% while the BSE500 has yielded a modest gain of 0.26%. This trend of underperformance is further highlighted by the stock's poor long-term growth, with an annual operating profit growth rate of only 18.03% over the last five years. The stock's current trading at a discount compared to its peers' average historical valuations does not seem to be enough to attract investors, as evidenced by the overall negative sentiment reflected in its recent price movements.