Why is Simplex Infra falling/rising?

As of 19-Sep, Simplex Infrastructures Ltd is experiencing a decline in its stock price, currently at Rs 303.25, reflecting a decrease of Rs 4.25 or 1.38%. Today's price summary indicates that the stock underperformed its sector by 1.49%, with an intraday high of Rs 314.3. Despite a strong long-term performance, including a 32.83% return over the past year, the company faces significant challenges. It has reported negative results for the last three consecutive quarters, with a notable decline in net sales and profits, which has raised concerns about its long-term fundamental strength. Additionally, the company's high debt levels and poor growth metrics contribute to a risky investment profile.
In the broader market context, Simplex Infrastructures Ltd has outperformed the benchmark Sensex in the short term, with a 1-week return of 2.55% compared to the Sensex's 0.88%. However, the stock's year-to-date performance of 1.08% lags behind the Sensex's 5.74%. The recent drop in investor participation, with a significant decrease in delivery volume, further indicates a lack of confidence among investors, which may be contributing to the stock's current downward movement. Overall, while the stock has shown strong historical returns, the recent financial performance and market dynamics suggest a cautious outlook.