Why is Shanti Overseas falling/rising?

As of 10-Jul, Shanti Overseas (India) Ltd is experiencing a decline in its stock price, currently at 11.88, which reflects a decrease of 0.63 or 5.04%. The stock has significantly underperformed in today's trading, lagging behind its sector by 4.88%. It is also trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has dropped by 20.27%, and its performance over the last month shows a staggering decline of 43.75%. The company has reported some positive results, such as higher net sales and the highest quarterly PBDIT and PBT figures, but these have not been sufficient to counterbalance the overall negative sentiment surrounding the stock. The long-term fundamentals are weak, with a -199.45% CAGR growth in operating profits over the last five years and a negative EBITDA, which raises concerns about its profitability and ability to service debt.
In the broader market context, the stock's performance has been notably poor compared to the benchmark, with a year-to-date return of -25.94% against the Sensex's gain of 7.23%. This consistent underperformance over the last three years, coupled with a reduction in promoter confidence—evidenced by a 2.92% decrease in their stake—suggests a lack of faith in the company's future prospects. The stock's risk profile is further exacerbated by its negative profitability trends, as profits have plummeted by 96.1% over the past year. Overall, the combination of weak fundamentals, poor market performance, and declining promoter confidence contributes to the stock's downward trajectory.