Why is Brigade Enterpr. falling/rising?

As of 18-Nov, Brigade Enterprises Ltd is experiencing a decline in its stock price, currently at 924.30, which reflects a decrease of 21.8 points or 2.3%. Today's performance indicates that the stock has underperformed its sector by 0.61%, with an intraday low of Rs 923.95. Over the past week, Brigade Enterprises has seen a return of -4.45%, and for the month, it has dropped by 5.79%. The company's trading activity shows a significant decrease in investor participation, with delivery volume falling by 47.28% compared to the five-day average. Additionally, Brigade Enterprises is trading below its moving averages across various time frames, indicating a bearish trend. The company's high Debt to EBITDA ratio of 3.33 times and low Return on Equity of 8.50% contribute to concerns about its financial health, further impacting investor sentiment negatively.
In the broader market context, Brigade Enterprises has underperformed compared to the benchmark Sensex, which has gained 0.96% over the past week. While the stock has generated a return of -18.46% over the past year, the Sensex has increased by 9.48%, highlighting a significant disparity in performance. Despite the company's healthy long-term growth in net sales and operating profit, the flat results reported for September and the high debt levels have raised red flags for investors. This combination of poor short-term performance, high debt, and declining investor interest suggests that Brigade Enterprises is facing challenges that are contributing to its falling stock price.