Why is Swati Projects falling/rising?

As of 24-Jul, Swati Projects Ltd is experiencing a decline in its stock price, currently at 30.49, which represents a decrease of 0.74 or 2.37%. The stock has been underperforming significantly, with a consecutive fall over the last five days resulting in a total return of -13.33% during this period. Additionally, the stock has dropped by 25.18% over the past month and a staggering 83.28% over the past year. The company is facing operational challenges, reflected in its weak long-term fundamental strength, with net sales declining at an annual rate of -2.70% and operating profit down by -45.31%. Despite having an attractive valuation with a price-to-book value of 2.5, the stock's performance is hindered by substantial operating losses and a significant drop in profits by -68% over the past year.
In the broader market context, the stock's performance contrasts sharply with the benchmark, as the Sensex has only decreased by 0.09% over the past week and has generated a positive return of 5.18% year-to-date. This stark difference highlights the stock's underperformance, especially given that the BSE500 index has returned 0.99% over the last year while Swati Projects has faced a massive decline. The falling investor participation, with delivery volume down by 48.62% against the five-day average, further indicates a lack of confidence among investors. Overall, the combination of poor financial results, declining investor interest, and significant underperformance relative to the market contributes to the stock's downward trajectory.