Why is Brigade Enterpr. falling/rising?

As of 24-Sep, Brigade Enterprises Ltd is currently priced at 915.80, reflecting a slight increase of 1.4 (0.15%). The stock has shown a trend reversal, gaining after three consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend overall. In the past week, the stock has underperformed the market with a return of -3.12%, compared to the Sensex's decline of -1.18%. Despite a healthy long-term growth rate in operating profit and positive results over the last three quarters, the company faces challenges with a high Debt to EBITDA ratio of 4.42 times and a low return on equity of 7.71%, which may contribute to investor caution.
In the broader market context, Brigade Enterprises Ltd's performance has been notably weaker than the benchmark indices over the past year, with a return of -30.40% compared to the BSE500's decline of -5.32%. This significant underperformance, coupled with a recent drop in investor participation—evidenced by a 43.64% decrease in delivery volume—suggests a lack of confidence among investors. The construction and real estate sector has also faced a downturn, with a decline of -2.44%, further impacting Brigade's stock performance. While the stock has shown some resilience today, the overall market sentiment and the company's financial challenges continue to weigh heavily on its price movement.