Why is Ansal Housing falling/rising?

As of 24-Sep, Ansal Housing Ltd is experiencing a decline in its stock price, currently at 9.49, which represents a decrease of 0.15 or 1.56%. The stock has been on a downward trend, having fallen for the last four consecutive days, resulting in a total decline of 4.53% during this period. Additionally, the stock is trading below its moving averages across various time frames, indicating weak performance. Over the past year, Ansal Housing has generated a staggering return of -57.54%, significantly underperforming compared to the BSE500 index. The company's financial health is concerning, with a high debt-to-equity ratio of 3.21 and a return on equity of only 0.40%, which reflects low profitability. Furthermore, recent negative results, including a 24.6% drop in net sales and an 81.2% decline in profit after tax, have contributed to the stock's poor performance.
In the broader market context, the stock's short-term performance has been worse than the benchmark, with a 1-week return of -2.37% compared to the Sensex's -1.18%. The construction and real estate sector has also faced challenges, with a decline of 2.38%, which may be impacting investor sentiment towards Ansal Housing. Despite a slight increase in delivery volume, indicating some rising investor participation, the overall outlook remains negative due to the company's weak long-term fundamentals and high debt levels. This combination of factors suggests that the stock's price is likely to continue facing downward pressure in the near term.