Why is Eraaya Lifespace falling/rising?

As of 18-Nov, Eraaya Lifespaces Ltd is experiencing a decline in its stock price, currently at Rs. 20.78, which represents a decrease of 1.09 (-4.98%). The stock has hit a new 52-week low today and has been on a consecutive downward trend for the last eight days, resulting in a total decline of 30.71% during this period. Additionally, the stock has significantly underperformed the sector by 4.35% today and is trading below all key moving averages, indicating a bearish trend. The stock's performance over the past week, month, and year shows substantial losses of 19.27%, 42.82%, and 88.66%, respectively, compared to the Sensex, which has shown positive returns in those periods. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.
Broader Market Context: In the broader market context, the stock's short-term performance has been notably poor compared to the benchmark Sensex, which has gained 0.96% over the past week while Eraaya Lifespaces has lost 19.27%. This stark contrast highlights the stock's struggle amidst a generally stable market environment. The year-to-date performance further emphasizes this trend, with Eraaya Lifespaces down 82.95% compared to the Sensex's gain of 8.36%. Despite a rise in investor participation, as indicated by an increase in delivery volume, the overall sentiment surrounding the stock remains negative, contributing to its continued decline.