Why is Simplex Infra falling/rising?

As of 12-Sep, Simplex Infrastructures Ltd's stock is currently priced at 295.70, reflecting a decrease of 1.4 points or 0.47%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total decline of 3.88%. Today, it opened with a loss of 2.05% and reached an intraday low of Rs 278.75, indicating significant volatility. Although the stock has shown strong long-term performance with a 41.08% increase over the past year, it has also faced challenges, including a weak long-term fundamental strength characterized by a high debt-to-equity ratio and negative results for the last three consecutive quarters. The recent drop in delivery volume by 61.99% against the five-day average suggests declining investor participation, further contributing to the stock's downward movement.
In the broader market context, Simplex Infrastructures Ltd has underperformed compared to the Sensex, which has gained 1.48% over the past week while the stock itself has decreased by 1.53%. This short-term underperformance contrasts with its strong long-term returns, where it has outpaced the benchmark over the last three years, one year, and three months. However, the stock's recent struggles, including a significant drop in net sales and negative operating profits, have raised concerns among investors, leading to a cautious outlook despite its historical performance.