Why is Eldeco Housing falling/rising?

As of 19-Nov, Eldeco Housing & Industries Ltd is experiencing a decline in its stock price, currently at 800.70, which reflects a decrease of 49.55 or 5.83%. The stock has underperformed its sector by 5.28% today, and its delivery volume has fallen significantly, down 34.5% compared to the 5-day average. Over the past week, the stock has decreased by 8.79%, and it has also shown negative returns of 8.31% year-to-date. The company has reported poor financial performance, with operating profit declining at an annual rate of 20.17% over the last five years and negative results for the last ten consecutive quarters, which has contributed to its recent price movement.
Broader market context indicates that while the Sensex has gained 0.68% over the past week and 10.18% year-to-date, Eldeco Housing has significantly lagged behind, generating a return of -2.50% over the past year. The stock's valuation appears expensive compared to its peers, with a price-to-book ratio that suggests it is trading at a premium. Additionally, the lack of investment from domestic mutual funds, which hold 0% of the company, may indicate a lack of confidence in its current price or business prospects. This combination of poor performance metrics and unfavorable market sentiment has led to the stock's decline.