Why is Shanti Overseas falling/rising?

As of 24-Jun, Shanti Overseas (India) Ltd is experiencing a decline in its stock price, currently at Rs. 17.21, reflecting a decrease of -0.72 or -4.02%. Despite the stock hitting a new 52-week high of Rs. 23.87 earlier, it has underperformed in the short term, with a 1-week return of -9.75% and a 1-month return of -6.82%. While the company reported positive results for the last six months, including higher net sales and significant quarterly earnings, it faces serious long-term challenges. The company has a weak fundamental strength, evidenced by a -199.45% CAGR growth in operating profits over the last five years and a negative EBITDA, indicating that it is trading at risky valuations. Additionally, the reduction in promoter stake by -2.92% suggests a lack of confidence in the company's future prospects.
In the broader market context, the Sensex has shown resilience with a 1-week return of +0.77% and a 1-month return of +0.77%, contrasting sharply with Shanti Overseas' performance. This divergence highlights the company's struggles relative to the overall market. The stock's negative performance is compounded by its inability to generate a satisfactory return on equity, averaging only 2.22%, and a poor EBIT to interest ratio of -4.76, which raises concerns about its financial health. Overall, while the stock has had some positive short-term indicators, the significant long-term weaknesses and recent declines in promoter confidence are contributing to its current downward trajectory.