Why is Ansal Properties falling/rising?

As of 21-Aug, Ansal Properties & Infrastructure Ltd is experiencing a decline in its stock price, currently at 5.43, which reflects a decrease of 0.07 or 1.27%. The stock has underperformed its sector by 1.79% today and has seen a trend reversal after five consecutive days of gains. Despite a recent growth in net sales and a significant increase in profit after tax, the company has not declared results in the last six months, raising concerns about its long-term fundamental strength. The high debt to EBITDA ratio and negative net worth further contribute to the stock's downward pressure, compounded by the fact that 72.38% of promoter shares are pledged, which can exacerbate declines in falling markets.
In the broader market context, the stock has shown a short-term return of 3.43% over the past week, outperforming the Sensex, which gained 1.74%. However, the stock's year-to-date performance is significantly negative at -46.66%, contrasting sharply with the Sensex's positive return of 4.94%. This consistent underperformance against the benchmark over the last three years, coupled with the recent drop in investor participation and liquidity issues, indicates a challenging environment for Ansal Properties, leading to its current price decline.