Why is Eldeco Housing falling/rising?

As of 14-Nov, Eldeco Housing & Industries Ltd is experiencing a decline in its stock price, currently at 859.00, which represents a decrease of 81.85 points or 8.7%. The stock has underperformed its sector by 8.79% today and has shown a trend reversal after two consecutive days of gains. It opened with a significant loss of 7.49% and reached an intraday low of Rs 851.4, marking a 9.51% drop. Additionally, the stock's delivery volume has decreased by 3.26% compared to the five-day average, indicating falling investor participation. Despite being higher than the 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day and 20-day moving averages, suggesting a weakening short-term momentum. The stock's year-to-date performance shows a decline of 2.39%, contrasting with a positive return of 10.13% over the past year.
In the broader market context, the stock's performance over the past week has been negative at -2.16%, while the benchmark Sensex has gained 1.62%. Over the past month, Eldeco Housing has outperformed the benchmark with a return of 7.69% compared to the Sensex's 3.09%. However, the recent decline indicates a shift in sentiment, as the stock has not only fallen today but also underperformed the sector significantly. The overall market conditions may be affecting investor confidence, contributing to the stock's current downward trend.