Why is 3P Land Hold. falling/rising?

As of 15-Jul, 3P Land Holdings Ltd is experiencing a decline in its stock price, currently at 48.80, which reflects a decrease of 0.22 or 0.45%. The stock has underperformed its sector today by 1.79% and has been on a consecutive downward trend for the last four days, resulting in a total decline of 3.35% during this period. Additionally, the stock's delivery volume has significantly decreased by 61.2% compared to the five-day average, indicating falling investor participation. Despite generating a return of 28.42% over the past year, the company faces challenges such as weak long-term fundamental strength, with an average Return on Equity (ROE) of only 1.48%, and poor operating profit growth, which may contribute to the recent price decline.
In the broader market context, the stock's short-term performance has been relatively better than the benchmark, with a 1-week return of 0.56% compared to the Sensex's decline of 1.36%. However, over the longer term, the stock has underperformed with a year-to-date return of -17.36% against the Sensex's positive return of 5.67%. This disparity highlights the stock's volatility and potential investor concerns regarding its valuation, as it trades at a premium compared to its peers despite a low growth rate in profits. The combination of these factors suggests that while the stock has had strong historical returns, current market sentiment is cautious, leading to its recent price decline.