Why is Swati Projects falling/rising?

As of 14-Jul, Swati Projects Ltd is experiencing a decline in its stock price, currently at Rs 33.60, reflecting a decrease of 1.76 (-4.98%). The stock has been underperforming significantly, having lost 22.28% over the last 11 consecutive days. Today, it opened with a loss of 4.98% and has not traded outside this price range. In terms of returns, the stock has fallen by 81.57% over the past year, while its profits have decreased by 68%. Despite having an attractive valuation with a Price to Book Value of 2.8, the company is facing operating losses and weak long-term fundamental strength, contributing to its poor performance.
In the broader market context, the Sensex has shown a slight decline of 1.42% over the past week, contrasting sharply with Swati Projects' 12.32% drop in the same period. While the market has generated a return of 5.27% year-to-date, Swati Projects has plummeted by 45.19%. This stark difference highlights the stock's significant underperformance relative to the benchmark, indicating a lack of investor confidence and participation, as evidenced by the 83.15% drop in delivery volume. Overall, the combination of operational challenges and poor market performance has led to the stock's continued decline.