Why is Supreme Infra. falling/rising?

As of 01-Aug, Supreme Infrastructure India Ltd is experiencing a decline in its stock price, currently at Rs 117.85, which reflects a decrease of Rs 2.15 or 1.79%. The stock has underperformed its sector by 1.02% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 3.99% during this period. Despite touching an intraday high of Rs 123.25, the stock's performance over the past week shows a significant decline of 5.53%, while it has managed a positive return of 9.93% over the last month. However, the company faces challenges such as a negative book value, high debt levels, and poor long-term growth metrics, which contribute to its weak fundamental strength. The recent negative results and a high percentage of pledged promoter shares further add to the downward pressure on the stock.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with the Sensex declining only 1.06% over the same week. While the stock has shown impressive returns over the longer term, including a 42.19% increase over the past year, the current negative trends in sales and profitability, alongside a significant drop in investor participation, indicate a challenging environment for the stock. The liquidity remains adequate for trading, but the overall sentiment appears to be cautious, reflecting the company's underlying financial issues and the impact of market conditions on investor confidence.