Why is DLF falling/rising?

As of 26-Aug, DLF Ltd. is experiencing a decline in its stock price, currently at Rs 754.75, which reflects a decrease of Rs 17.25 or 2.23%. The stock has touched an intraday low of Rs 753 and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, DLF has underperformed with a return of -2.78%, and it has also seen a significant drop of -8.59% over the past month. Despite the company declaring positive results for the last four consecutive quarters, including a 67.11% growth in net sales and a 30.55% increase in profit after tax, the stock's valuation appears expensive with a Price to Book Value of 4.4, contributing to the downward pressure on its price.
In the broader market context, DLF's performance has been weaker compared to the benchmark Sensex, which has only declined by 1.05% over the past week. The construction and real estate sector has also faced challenges, with a decline of -2.22%. Furthermore, there has been a decrease in investor participation, as evidenced by a 2.52% drop in delivery volume compared to the 5-day average. While DLF has a strong institutional holding and a low debt-to-equity ratio, the overall market sentiment and sector performance are impacting its stock negatively, leading to its current price decline.