Why is Ashiana Housing falling/rising?

As of 25-Jul, Ashiana Housing Ltd. is currently priced at 315.80, reflecting a decline of 7.85 points or 2.43%. The stock has underperformed its sector by 1.54% today and has experienced consecutive losses over the last two days, totaling a drop of 4.4%. In terms of returns, the stock has decreased by 4.17% over the past week and 9.86% over the past month, while it has seen a significant decline of 22.35% over the past year. The company has reported negative results for the last three consecutive quarters, with net sales falling by 24.77% and profits down by 73.8%. Additionally, the stock is trading at a premium compared to its peers, which contributes to its expensive valuation and negative sentiment among investors.
In the broader market context, the Sensex has only declined by 0.36% over the past week and 1.56% over the past month, indicating that Ashiana Housing's performance is significantly worse than the market average. While the stock has shown strong growth over a three-year and five-year period, its recent performance has been disappointing, particularly in comparison to the benchmark indices. The company's low debt-to-equity ratio and rising investor participation may provide some support, but the overall negative financial results and poor long-term growth prospects are likely driving the stock's current downward trend.