Why is Simplex Infra falling/rising?

As of 22-Aug, Simplex Infrastructures Ltd is experiencing a decline in its stock price, currently at Rs 300.70, which represents a decrease of Rs 9.8 or 3.16%. Today's price summary indicates that the stock opened with a gain of 2.42% but has since fallen after four consecutive days of gains, touching an intraday low of Rs 300.05. Despite a strong long-term performance with a 104.14% return over the past year, the company faces significant challenges, including a negative trend in net sales and a high debt-to-equity ratio. The recent negative results over the last three quarters, including a 75.79% decline in profit after tax, have contributed to investor concerns, leading to the current price drop.
In the broader market context, Simplex Infrastructures Ltd has outperformed the Sensex in the long term, with a 339.30% return over three years compared to the benchmark's 38.34%. However, in the short term, the stock has underperformed its sector by 2.98%. While the stock's liquidity appears adequate for trading, the weak long-term fundamentals and negative operating profits present risks that may be influencing investor sentiment and contributing to the recent decline in stock price.