Why is Excel Realty falling/rising?

As of 20-Jun, Excel Realty N Infra Ltd is currently priced at 0.86, reflecting a decline of 0.04, or 4.44%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 8.51% during this period. Despite a recent increase in investor participation, with delivery volume rising by 39.28% against the 5-day average, the stock's performance today has underperformed its sector by 6.01%. Additionally, the company has reported significant operating losses, with a negative EBIT to Interest ratio of -3.62, indicating a weak ability to service its debt. The recent financial results have shown a drastic decline in profit before tax and profit after tax compared to previous quarters, contributing to a negative EBITDA and overall weak long-term fundamental strength.
In the broader market context, Excel Realty's short-term performance has been notably better than the benchmark, with a 1-week return of 10.26% compared to the Sensex's 1.59%. However, year-to-date, the stock has underperformed significantly, with a decline of 32.28% against the Sensex's gain of 5.46%. This stark contrast highlights the challenges faced by Excel Realty, particularly in light of its operational difficulties and the negative sentiment surrounding its financial health, which may be influencing investor confidence and leading to the recent price decline.