Why is Simplex Infra falling/rising?

As of 08-Jul, Simplex Infrastructures Ltd is experiencing a decline in its stock price, currently at 253.25, which reflects a decrease of 6.75 or 2.6%. Today's performance indicates that the stock underperformed its sector by 3.19%, opening with a loss of 3.73% and reaching an intraday low of Rs 250.3. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 68.18% compared to the 5-day average. Despite a strong 1-year return of 64.45%, the company's long-term fundamentals are weak, highlighted by a negative growth rate in net sales and high debt levels, which contribute to the stock's current downward movement.
In the broader market context, the stock's short-term performance over the past week shows a decline of 5.98%, while the benchmark Sensex has remained relatively flat with a slight increase of 0.02%. This underperformance is further exacerbated by the company's recent negative financial results, including a significant drop in net sales and profits, which raises concerns about its operational viability. Although the stock has demonstrated impressive long-term returns over 1, 3, and 5 years, the current financial instability and high debt levels suggest a risky investment, leading to the stock's decline in price.