Why is Ajmera Realty falling/rising?

As of 07-Aug, Ajmera Realty & Infra India Ltd's stock price is currently at Rs 870.45, reflecting a decline of Rs 44.6 or 4.87%. The stock has underperformed its sector by 4.71% today, with an intraday low of Rs 854.7, marking a drop of 6.6%. Over the past week, the stock has decreased by 2.27%, and it has seen a year-to-date decline of 19.35%, contrasting with a positive return of 3.18% for the Sensex. Although the stock has shown strong performance over the longer term, with a 3-year increase of 223.53% and a 5-year increase of 1006.74%, its recent movements indicate a struggle, particularly in the short term. The weighted average price suggests that more volume has been traded closer to the low price, indicating selling pressure. Additionally, while there has been a rise in investor participation with a 27.33% increase in delivery volume, the stock remains below several key moving averages, which may signal bearish sentiment.
In the broader market context, Ajmera Realty's performance has been notably weaker than the benchmark Sensex, particularly in the short term, where it has underperformed by a significant margin. The stock's 1-month return of -4.58% is worse than the Sensex's decline of 3.38%, highlighting a trend of underperformance. This divergence suggests that investor sentiment may be more negative towards Ajmera Realty compared to the overall market, which could be influenced by broader economic factors or sector-specific challenges. The lack of available positive or negative dashboard data limits the ability to pinpoint specific catalysts for the stock's decline, but the overall market conditions and the stock's recent performance metrics indicate a challenging environment for Ajmera Realty.