Why is SPML Infra falling/rising?

As of 18-Jul, SPML Infra Ltd's stock price is currently at 269.40, reflecting a decrease of 5.9 points or 2.14%. The stock has been underperforming recently, having fallen for three consecutive days with a total decline of 4.3%. Today's trading saw the stock touch an intraday low of Rs 264.55, and it has underperformed its sector by 1.49%. Despite a strong long-term performance, with a 45.86% return over the past year and a remarkable 463.01% increase over three years, the company faces significant challenges. High debt levels, weak long-term growth, and a substantial portion of promoter shares being pledged contribute to negative sentiment, overshadowing its otherwise impressive historical returns.
In the broader market context, SPML Infra's short-term performance has been notably weaker than the benchmark, with a 1-week decline of 2.78% compared to the Sensex's drop of only 0.90%. This underperformance in the short term, combined with falling investor participation and liquidity issues, suggests a cautious market outlook. While the stock has shown strong returns over the longer term, the current negative factors, including poor sales growth and high debt, are likely influencing investor sentiment and contributing to the recent price decline.