Why is Sanmit Infra falling/rising?

As of 12-Sep, Sanmit Infra Ltd is currently priced at 9.24, reflecting a decrease of 0.06, or 0.65%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 1.17% during this period. Additionally, it has underperformed its sector by 0.53%. The stock's performance over the past week shows a decline of 1.60%, and it has experienced significant losses year-to-date, down 28.92%. Despite declaring positive results in the last three consecutive quarters, including an 88.92% growth in net sales, the stock's long-term performance remains concerning, with a 36.54% drop in the past year and a staggering 81.14% decline over the last three years.
In the broader market context, the Sensex has shown a positive return of 1.48% over the past week, contrasting sharply with Sanmit Infra's decline. This underperformance is indicative of the stock's struggles, as it has consistently lagged behind the benchmark indices, including a 2.63% drop over the past month compared to the Sensex's 2.08% gain. The stock's liquidity is also a concern, with a significant drop in delivery volume, suggesting waning investor interest. Overall, while the company has a strong ability to service debt and is trading at a discount compared to peers, the poor long-term growth prospects and recent performance trends contribute to the stock's downward movement.