Why is 3P Land Hold. falling/rising?

As of 28-Aug, 3P Land Holdings Ltd is experiencing a decline in its stock price, currently at Rs 44.40, which reflects a decrease of 2.47 (-5.27%). The stock has been underperforming, having fallen for the last three consecutive days, resulting in an overall drop of 8.04% during this period. Additionally, the stock is trading below all its moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a bearish trend. The delivery volume has also significantly decreased, with a drop of 68.77% compared to the 5-day average, suggesting a lack of investor interest. The stock's year-to-date performance shows a substantial decline of 24.81%, contrasting with the Sensex, which has gained 2.48% in the same timeframe.
In the broader market context, the stock's short-term performance over the past week has been notably worse than the benchmark Sensex, which has declined by only 2.34% compared to 3P Land Holdings' 5.59% drop. This underperformance highlights the stock's struggles relative to the overall market. While the stock has shown some resilience over a longer period, with a 148.74% increase over three years, the recent trends indicate significant challenges in maintaining investor confidence and participation, contributing to its current downward trajectory.