Why is Sanmit Infra falling/rising?

As of 22-Aug, Sanmit Infra Ltd's stock price is currently at 9.63, reflecting a decrease of 0.18, or 1.83%. The stock has recently underperformed its sector by 1.27% and has experienced a trend reversal, falling after three consecutive days of gains. In terms of returns, the stock has shown a 1.58% increase over the past week, but it has declined by 7.67% over the past month and has a year-to-date drop of 25.92%. Despite declaring positive results for the last three quarters, including significant growth in net sales and profit, the stock's long-term performance remains concerning, with a 36.14% decline over the past year and a poor operating profit growth rate of 19.48% over the last five years.
In the broader market context, the Sensex has increased by 0.88% over the past week, indicating that while Sanmit Infra has shown some short-term resilience, it is still lagging behind the benchmark. The stock's performance has been below par in both the near term and long term, as evidenced by its underperformance against the BSE500 over the last three years, one year, and three months. Although the company has a strong ability to service debt and is trading at a discount compared to its peers, the overall negative sentiment surrounding its long-term growth prospects and recent price movements suggests that investors remain cautious.