Why is Esaar (India) falling/rising?

As of 25-Aug, Esaar (India) Ltd's stock price is currently at 17.29, reflecting a decline of 0.35 or 1.98%. The stock has been underperforming, having fallen consecutively for the last seven days, resulting in a total decline of 12.14% during this period. Despite a strong long-term performance with a 160.00% return over the past year, recent quarterly results show significant operating losses, with a PAT of -17.12 crore, leading to a very expensive valuation compared to its peers. Additionally, the stock's delivery volume has decreased by 27.14% against the five-day average, indicating falling investor participation, which may contribute to the downward pressure on the stock price.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 0.45% over the past week while Esaar has dropped 9.52%. This underperformance highlights the challenges the company faces, particularly with its weak long-term fundamental strength and declining profits, which have fallen by 963.1% over the past year. While the stock has shown remarkable growth in the long term, the current operational difficulties and market conditions suggest a cautious outlook for investors.