Why is Brigade Enterpr. falling/rising?

As of 11-Jul, Brigade Enterprises Ltd is experiencing a decline in its stock price, currently at Rs 1,063.90, which reflects a decrease of Rs 15.1 or 1.4%. The stock has touched an intraday low of Rs 1,053.8, indicating a drop of 2.34%. Over the past week, the stock has decreased by 0.89%, and it has seen a significant decline of 14.39% over the past month. Despite a healthy long-term growth rate in operating profit of 19.02% and positive net profit growth of 5.87%, the stock's recent performance has been hindered by a notable drop in investor participation, with delivery volume falling by 58.92% against the 5-day average. Additionally, while the stock is liquid enough for trading, it is currently trading below several moving averages, which may indicate bearish sentiment among investors.
In the broader market context, Brigade Enterprises Ltd's performance has been relatively better than the benchmark Sensex over the last week, where the Sensex has also declined by 1.12%. However, the stock's year-to-date performance shows a significant underperformance compared to the Sensex, with Brigade down 14.13% while the Sensex has gained 5.58%. This divergence suggests that while the company has strong fundamentals, including high institutional holdings and positive quarterly results, the market sentiment may be weighing heavily on the stock, leading to its current downward trend.