Why is Country Condo falling/rising?

As of 23-Jun, Country Condos Ltd is experiencing a decline in its stock price, currently at Rs 6.70, which reflects a decrease of Rs 0.2 or 2.9%. The stock has underperformed its sector by 3.27% today and is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has dropped by 4.29%, and its performance over the last month shows a significant decline of 22.00%. Additionally, the company has reported negative results for the last three consecutive quarters, with net sales declining by 37.59% and a weak return on equity of 2.4%. These factors, combined with a poor EBIT to interest ratio of 0.53 and a significant drop in delivery volume, suggest a lack of investor confidence and highlight the company's weak long-term fundamentals.
In the broader market context, the Sensex has shown a slight increase of 0.12% over the past week, contrasting with Country Condos' decline. While the stock has generated a return of 19.43% over the past year, this is overshadowed by a 63.4% drop in profits during the same period, indicating that despite past performance, the current financial health of the company is concerning. The stock's valuation remains high compared to its peers, trading at a premium with a price-to-book value of 2.1, further complicating its attractiveness to investors. Overall, the combination of weak financial indicators and declining investor participation is contributing to the stock's downward movement.