Why is Sanmit Infra falling/rising?

As of 19-Aug, Sanmit Infra Ltd's stock price is currently at 9.45, reflecting an increase of 0.03 or 0.32%. Despite this slight uptick, the stock has underperformed its sector by 0.45% today. Over the past week, it has seen a decline of 0.53%, and its performance over the last month shows a significant drop of 10.93%. The stock has also experienced a substantial decrease of 27.31% year-to-date and 32.36% over the past year. While the company has demonstrated a strong ability to service debt with a low Debt to EBITDA ratio of 1.09 times and has reported positive results for the last three consecutive quarters, the overall sentiment remains cautious due to a significant decline in profits by 38.8% over the past year.
In the broader market context, the Sensex has increased by 1.76% over the past week, contrasting sharply with Sanmit Infra's negative performance. This divergence highlights the stock's struggle to keep pace with the market, as it has underperformed the BSE500 over various time frames, including the last three years and one year. The company's long-term growth prospects appear poor, with an annual operating profit growth rate of only 19.48% over the last five years, further contributing to investor hesitance. Overall, while there are some positive indicators regarding the company's financial health, the prevailing trends suggest a challenging environment for Sanmit Infra Ltd.