Why is AMJ Land Holdin. falling/rising?

As of 11-Aug, AMJ Land Holdings Ltd is experiencing a decline in its stock price, currently at Rs 54.38, which reflects a decrease of Rs 3.99 or 6.84%. The stock has underperformed its sector by 7.05% today, opening with a loss of 2.71% and reaching an intraday low of Rs 53.03, marking a significant drop of 9.15%. Over the past week, the stock has decreased by 2.28%, and it has shown a substantial decline of 13.34% over the past month, while year-to-date, it has fallen by 18.75%. Despite a positive long-term growth outlook with net sales increasing at an annual rate of 35.57% and operating profit at 82.94%, the stock is currently trading below all its moving averages, indicating a bearish trend. Additionally, there has been a notable drop in investor participation, with delivery volume decreasing by 61.15% compared to the 5-day average.
In the broader market context, the Sensex has only declined by 0.51% over the past week and 2.30% over the past month, highlighting that AMJ Land Holdings Ltd's performance is significantly worse than the benchmark. While the stock has generated a modest return of 1.64% over the past year and has outperformed the BSE500 in the last three annual periods, the current downward trend suggests that short-term pressures are outweighing these positive factors. The company's low debt-to-equity ratio and majority ownership by promoters provide some stability, but the recent performance indicates that investors are currently cautious, leading to the stock's decline.