Why is Supreme Infra. falling/rising?

As of 18-Jul, Supreme Infrastructure India Ltd is experiencing a decline in its stock price, currently at Rs 121.00, which reflects a decrease of Rs 3.4 or 2.73%. The stock has underperformed its sector by 2.08% today and has been on a consecutive downward trend for the last two days, accumulating a total drop of 4.23%. It opened with a loss of 2.33% and reached an intraday low of Rs 117.55, marking a significant decline of 5.51%. Despite generating a positive return of 26.78% over the past year and outperforming the BSE500 in the last three annual periods, the company faces challenges such as a negative book value, high debt levels, and poor long-term growth metrics, including a -27.07% annual decline in net sales over the past five years.
In the broader market context, the stock has shown a positive return of 1.34% over the past week, contrasting with a decline of 0.90% in the Sensex, indicating some resilience in the short term. However, the year-to-date performance shows a significant decline of 11.94% for the stock compared to a 4.63% increase in the benchmark index. The falling investor participation, evidenced by a 53.28% drop in delivery volume, coupled with the high percentage of pledged promoter shares, adds to the downward pressure on the stock price. Overall, while the stock has demonstrated strong returns historically, its current financial health and market conditions suggest a challenging environment for future growth.