Why is Brigade Enterpr. falling/rising?

As of 28-Aug, Brigade Enterprises Ltd is experiencing a price increase, currently at 956.00, reflecting a rise of 12.1 or 1.28%. Despite this positive movement today, the stock has underperformed in the short term, with a 1-week return of -0.81% and a 1-month return of -5.44%. Today's trading saw the stock touch an intraday low of Rs 921.3, indicating volatility. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, and there has been a significant drop in investor participation, with delivery volume falling by 50.73% against the 5-day average. While the company has shown healthy long-term growth with an annual operating profit increase of 29.20% and positive results for the last three quarters, 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 could weigh on investor sentiment.
In the broader market context, Brigade Enterprises Ltd has underperformed relative to the benchmark, with a 1-year return of -18.14% compared to the Sensex's -2.08%. This significant divergence indicates that while the overall market has faced challenges, Brigade's decline has been more pronounced. The stock's recent performance today, which outperformed its sector by 2.44%, may suggest a temporary rebound or correction, but the underlying issues of high debt and low return on equity continue to pose risks. The stock's valuation appears expensive relative to its fundamentals, and despite a PEG ratio of 0.7 indicating potential undervaluation, the overall negative sentiment from its historical performance and current financial metrics may limit sustained upward momentum.