Why is A B Real Estate falling/rising?

As of 01-Oct, Aditya Birla Real Estate Ltd is experiencing a decline in its stock price, currently at Rs. 1,646.25, which reflects a decrease of Rs. 40.85 or 2.42%. The stock has hit a new 52-week low of Rs. 1,638 today and has underperformed its sector by 4.15%. Over the past week, the stock has fallen by 10.72%, and its year-to-date performance shows a significant decline of 34.50%. The company has reported negative results for the last three consecutive quarters, with a drastic fall in net sales and a high Debt to EBITDA ratio of 10.19 times, indicating a low ability to service debt and poor profitability. Despite a rise in investor participation, the overall sentiment remains negative due to the company's financial struggles and poor long-term growth prospects.
In the broader market context, the stock's performance contrasts sharply with the benchmark Sensex, which has shown a slight increase of 0.77% over the past month. While the Sensex has generated a return of -3.90% over the last year, Aditya Birla Real Estate's return has been significantly worse at -43.05%. This underperformance highlights the stock's struggles relative to the market, further exacerbated by its negative operating profits and declining sales figures. The high institutional holdings may provide some stability, but the overall outlook remains challenging given the company's financial difficulties and the broader market's relatively stable performance.