Why is GMR Airports falling/rising?

As of 04-September, GMR Airports Ltd is experiencing a decline in its stock price, currently at 86.40, which reflects a decrease of 0.83 or 0.95%. The stock's performance today is inline with the sector, but it is noteworthy that the stock is trading lower than its 5-day, 20-day, 50-day, and 100-day moving averages, while remaining above the 200-day moving average. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 56.46% against the 5-day average. Over the past week, the stock has seen a minor decline of 0.02%, and over the past month, it has decreased by 5.55%. Despite a year-to-date increase of 9.94%, the stock has underperformed over the past year with a return of -7.45%. Positive factors include strong quarterly results with a notable increase in net sales and high institutional holdings, which suggest confidence from larger investors. However, the company also faces challenges such as a negative book value and high debt levels, which contribute to its weak long-term growth prospects.
In the broader market context, GMR Airports Ltd's short-term performance contrasts with the benchmark, as the Sensex has gained 0.80% over the past week while GMR Airports has slightly declined. This underperformance is further highlighted by the stock's negative returns over the past month and year compared to the Sensex, which has shown resilience. The company's high debt-to-equity ratio and declining profits over the past year raise concerns about its long-term viability, making it a risky investment compared to its historical valuations. Overall, while there are some positive indicators, the combination of declining investor participation and fundamental weaknesses is contributing to the stock's current downward trend.