Why is Shanti Overseas falling/rising?

As of 02-Jul, Shanti Overseas (India) Ltd is experiencing a decline in its stock price, currently at Rs. 15.21, which reflects a decrease of Rs. 0.32 or 2.06%. The stock has recently hit a new 52-week high of Rs. 23.87 but has shown significant underperformance over various periods, with a 1-month return of -36.28% and a 3-year return of -49.97%. Despite outperforming its sector by 5.89% today and trading above all key moving averages, the company faces serious challenges, including weak long-term fundamental strength indicated by a -199.45% CAGR growth in operating profits over the last five years and a negative EBITDA. Additionally, the reduction in promoter stake by 2.92% suggests diminishing confidence in the company's future.
In the broader market context, while the Sensex has gained 0.83% in the past week, Shanti Overseas has declined by 9.79%, highlighting a stark contrast between the stock's performance and the benchmark index. The company's weak ability to service its debt, coupled with a low return on equity of 2.22%, further exacerbates its challenges. Overall, the combination of poor financial metrics, declining promoter confidence, and significant underperformance relative to the market contributes to the stock's current downward trajectory.