Why is Sonu Infratech falling/rising?

As of 03-Nov, Sonu Infratech Ltd is experiencing a decline in its stock price, currently at 93.10, reflecting a decrease of 4.9 points or 5.0%. The stock has underperformed its sector by 5.07% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has dropped by 7.82%, and year-to-date, it has fallen by 22.42%. Despite a significant increase in operating profit and positive results in the last two quarters, the high Debt to EBITDA ratio of 3.33 times raises concerns about the company's ability to service its debt, contributing to the stock's negative performance.
In the broader market context, while the Sensex has shown a slight decline of 0.78% over the past week, Sonu Infratech's performance has been significantly worse, indicating a lack of investor confidence compared to the benchmark. The company's long-term growth potential is evident with a notable increase in profits and sales, but the current financial strain due to debt levels is overshadowing these positives. Overall, the combination of poor short-term returns relative to the benchmark and concerns about debt servicing is leading to the stock's downward movement.