Why is Simplex Infra falling/rising?

As of 13-Nov, Simplex Infrastructures Ltd is experiencing a decline in its stock price, currently at Rs 283.00, which represents a decrease of Rs 7.0 or 2.41%. Today's price summary indicates that the stock opened with a gain of 6.21% but has since fallen to a day's low of Rs 281.3, reflecting high volatility with an intraday fluctuation of 6.97%. The stock has underperformed its sector by 2.91% today, and despite generating a positive return of 11.79% over the past year, it has shown weak long-term fundamentals, including a negative growth rate in net sales and a high debt-to-equity ratio. Additionally, the company has reported negative results for the last three consecutive quarters, further contributing to investor concerns. In the broader market context, the stock's short-term performance has been notably poor, with a 1-week return of -6.43% compared to a 1.40% gain in the Sensex. While Simplex Infrastructures has outperformed the benchmark over the past year, the recent decline in investor participation, with a significant drop in delivery volume, indicates a lack of confidence among investors. The increase in pledged promoter shares also adds to the downward pressure on the stock price, particularly in a falling market. Overall, the combination of weak financial performance, high volatility, and declining investor interest has led to the current downward trend in Simplex Infrastructures Ltd's stock price.