Why is Esaar (India) falling/rising?

As of 22-Aug, Esaar (India) Ltd's stock price is currently at 17.64, reflecting a decrease of 0.36, or 2.0%. The stock has been on a downward trend, having underperformed its sector by 1.56% today and experiencing a consecutive fall over the last six days, resulting in a total decline of 10.37% during this period. Despite this recent downturn, the stock has shown impressive long-term performance, boasting a 157.89% return over the past year and a staggering 1817.39% over the last five years. Positive factors contributing to the stock's resilience include consistent positive results over the last three quarters, with net sales growing by 74.57% and a strong debtors turnover ratio of 6.41%. However, falling investor participation, indicated by a significant drop in delivery volume, may be contributing to the recent price decline.
In the broader market context, the stock's short-term performance has been notably weaker compared to the benchmark, as it has declined by 8.55% over the past week while the Sensex has gained 0.88%. This stark contrast highlights the stock's recent struggles despite its strong historical performance. The liquidity of the stock remains adequate for trading, but the significant drop in delivery volume suggests a lack of investor confidence in the short term, which could be influencing the stock's price movement negatively. Overall, while Esaar (India) Ltd has demonstrated strong long-term growth, recent trends indicate challenges that are impacting its current stock price.