Why is Sanmit Infra falling/rising?

As of 18-Sep, Sanmit Infra Ltd's stock price is currently at 9.66, reflecting a decrease of 0.04, or 0.41%. The stock has shown a mixed performance, with a 3.87% increase over the past week, but it has underperformed its sector by 0.47% today. While the stock is trading higher than its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. The company has reported positive results for the last three consecutive quarters, with net sales growing by 88.92% and a low debt to EBITDA ratio of 1.09 times, indicating a strong ability to service debt. However, the stock has generated a return of -31.59% over the past year, and its profits have fallen by 38.8%, contributing to a perception of poor long-term growth.
In the broader market context, the Sensex has increased by 1.80% over the past week, while Sanmit Infra's stock has outperformed the benchmark in this timeframe. However, the stock has significantly underperformed the BSE500 over the last three years, one year, and three months, highlighting its struggles in both short-term and long-term performance. Despite the recent increase in investor participation, the overall sentiment remains cautious due to the stock's historical underperformance and declining profits, which may lead to continued selling pressure.