Why is Shradha Infrapr. falling/rising?

As of 19-Sep, Shradha Infraprojects Ltd is experiencing a decline in its stock price, currently at Rs. 49.73, reflecting a decrease of Rs. 1.38 or 2.7%. The stock has hit a new 52-week low of Rs. 48.2 today and has underperformed its sector by 3%. It is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has seen a significant drop of 17.13%, and its year-to-date performance shows a decline of 49.28%. The company's financial health is concerning, with a low Return on Capital Employed (ROCE) of 4.47% and a high Debt to EBITDA ratio of 7.70 times, indicating poor management efficiency and low profitability. Additionally, the company has reported negative operating cash flow and declining profits, which further contribute to investor skepticism.
In the broader market context, while the Sensex has shown a slight increase of 0.85% over the past week, Shradha Infraprojects Ltd has significantly underperformed, highlighting a stark contrast in performance. The stock's year-long return of -12.72% also surpasses the negative return of -0.35% from the Sensex, indicating that the company's struggles are more pronounced than the overall market trends. This underperformance, coupled with falling investor participation—evidenced by a 53.19% drop in delivery volume—suggests a lack of confidence among investors, contributing to the stock's downward trajectory.