Why is Setubandhan Inf. falling/rising?

As of 03-Jul, Setubandhan Infrastructure Ltd is experiencing a decline in its stock price, currently at 0.76, which reflects a decrease of 0.03 or 3.8%. The stock has been underperforming significantly, having fallen consecutively for the last seven days, resulting in a total drop of 20.83% during this period. Additionally, the stock's performance over the past week shows a decline of 15.56%, contrasting with the Sensex's minor decrease of 0.56%. The company has not declared results in the last six months, which raises concerns about its long-term fundamental strength, particularly given its high Debt to EBITDA ratio and low Return on Equity. Furthermore, the stock's trading volume has decreased sharply, indicating falling investor participation, which may contribute to the downward pressure on the stock price.
In the broader market context, while Setubandhan Infrastructure Ltd has seen a 1.33% increase over the past month, it still lags behind the Sensex, which has gained 3.52% in the same timeframe. The company's weak financial performance, highlighted by a significant drop in net sales and profitability, coupled with its erratic trading patterns, suggests a lack of confidence among investors. The stock's liquidity remains adequate for trading, but the overall sentiment is negative due to the company's inability to service its debt effectively and the absence of recent financial results, making it a risky investment compared to its historical valuations.