Why is 3P Land Hold. falling/rising?

As of 11-Nov, 3P Land Holdings Ltd is experiencing a decline in its stock price, currently at Rs 40.00, which represents a decrease of Rs 1.17 or 2.84%. The stock has underperformed its sector by 2.18% today and reached an intraday low of Rs 40. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, while there was a notable increase in delivery volume by 166.15% against the 5-day average, the overall performance over the past week and month shows a decline of 3.85% and 6.63%, respectively. Year-to-date, the stock has fallen significantly by 32.26%, contrasting sharply with the benchmark Sensex, which has gained 7.34% during the same period.
Broader Market Context: In the short term, 3P Land Holdings Ltd has underperformed compared to the Sensex, which has increased by 0.49% over the past week. This underperformance is particularly evident when considering the stock's year-to-date decline of 32.26% against the benchmark's positive return. The broader market context suggests that while the stock has seen substantial growth over the past three and five years, recent trends indicate a significant downturn, reflecting investor sentiment and market conditions that may not be favorable for the stock at this time.