Why is Ganesh Housing falling/rising?

As of 12-Nov, Ganesh Housing Corporation Ltd is experiencing a decline in its stock price, currently at 815.85, which represents a decrease of 3.95 or 0.48%. The stock has been underperforming recently, with a consecutive fall over the last two days resulting in a total decline of 1.6%. It is trading below all key moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, just 3.42% away from Rs 787.95. The company has reported negative results in the last two quarters, with a significant drop in net sales by 26.56%, which has likely contributed to the recent price movement. Despite having a low debt-to-equity ratio and healthy long-term growth in net sales and operating profit, the negative quarterly results and a high price-to-book value suggest that the stock may be overvalued, further impacting investor sentiment.
In the broader market context, Ganesh Housing has significantly underperformed compared to the benchmark Sensex, which has gained 1.21% over the past week while the stock itself has dropped 2.75%. Over the past year, the stock has generated a return of -24.55%, contrasting sharply with the Sensex's positive return of 7.36%. This disparity indicates that investor confidence in Ganesh Housing is waning, as reflected by the low participation from domestic mutual funds, which hold only 0.34% of the company. The overall market performance has been positive, yet Ganesh Housing's continued negative results and lack of investor interest highlight its struggles in the current financial landscape.