Why is Brigade Enterpr. falling/rising?

As of 22-Aug, Brigade Enterprises Ltd is experiencing a decline in its stock price, currently at 961.40, which reflects a decrease of 2.4 points or 0.25%. The stock has shown a performance today that outperformed its sector by 0.31%, but it has also faced a trend reversal after two consecutive days of gains. The stock's delivery volume has significantly decreased by 64.52% compared to the 5-day average, indicating falling investor participation. Over the past week, Brigade Enterprises has outperformed the Sensex with a return of 2.63% compared to the benchmark's 0.88%, but it has underperformed over the longer term, with a year-to-date return of -22.41% against the Sensex's 4.05%. The company has shown healthy long-term growth with a 29.20% annual increase in operating profit and positive results for the last three consecutive quarters, but it also faces challenges such as a high Debt to EBITDA ratio of 4.42 times and low profitability per unit of shareholders' funds, which may be contributing to the current price decline.
In the broader market context, Brigade Enterprises has underperformed significantly over the last year, with a return of -16.63% compared to the market's negative return of -2.49%. This stark contrast highlights the stock's struggles relative to the overall market performance. Despite the company's strong fundamentals, including high institutional holdings and a recent increase in profits, the high debt levels and expensive valuation metrics may be causing investor concerns, leading to the stock's current downward movement. The market's overall resilience, as indicated by the Sensex's positive returns, further emphasizes the challenges Brigade Enterprises faces in regaining investor confidence.