Why is Sanmit Infra falling/rising?

As of 10-Sep, Sanmit Infra Ltd's stock price is currently at 9.37, reflecting a slight increase of 0.01 or 0.11%. The stock has been gaining over the last two days, with a total return of 0.64% during this period. However, it has underperformed its sector by 0.87% today. Despite being higher than the 5-day moving average, the stock remains below the 20-day, 50-day, 100-day, and 200-day moving averages. The company has shown strong financial performance recently, with net sales growing by 88.92% over the last six months and a low Debt to EBITDA ratio of 1.09 times, indicating a strong ability to service debt. However, the stock has faced significant declines over the longer term, with a 34.48% drop in the past year and an 81.01% decline over the last three years.
In the broader market context, the stock's short-term performance of 0.21% over the past week is notably lower than the Sensex, which has increased by 1.06% during the same period. This underperformance is compounded by a decline in investor participation, as evidenced by a 12.02% drop in delivery volume compared to the 5-day average. While the company has declared positive results for the last three consecutive quarters, the overall sentiment remains cautious due to its poor long-term growth prospects and significant declines in stock value compared to the benchmark indices.