Why is Simplex Infra falling/rising?

As of 29-Aug, Simplex Infrastructures Ltd is experiencing a decline in its stock price, currently at Rs 292.45, reflecting a decrease of Rs 3.55 or 1.2%. The stock has underperformed its sector today by 2.36%, with an intraday low of Rs 289.75. Over the past week, the stock has dropped by 2.74%, and it has also seen a significant decline of 7.82% over the past month. Despite a strong long-term performance with a 78.49% increase over the last year, the company has faced challenges, including negative results for the last three consecutive quarters and a concerning average Return on Capital Employed (ROCE) of 0%. Additionally, the company's net sales have decreased at an annual rate of 19.44% over the last five years, contributing to its current weak fundamental strength.
In the broader market context, the Sensex has declined by 1.84% over the past week and 1.88% over the past month, indicating a general downturn in the market. However, Simplex Infrastructures Ltd's short-term performance is notably worse than the benchmark, suggesting that investor sentiment may be particularly negative towards the stock. The falling investor participation, with a 58.33% drop in delivery volume compared to the five-day average, further highlights the lack of confidence among investors. While the stock has shown impressive long-term returns, the recent financial struggles and high debt levels have led to a perception of risk, contributing to its current price decline.