Why is Godrej Propert. falling/rising?

As of 01-Jul, Godrej Properties Ltd is experiencing a decline in its stock price, currently at Rs 2,314.65, reflecting a decrease of Rs 27.35 or 1.17%. The stock has been underperforming, having fallen consecutively for the last seven days, resulting in a total drop of 4.5% during this period. Although it opened with a gain of 2.01% today and reached an intraday high of Rs 2,389, the overall performance has been weak, with a 1.06% underperformance against its sector. In terms of returns, the stock has shown a negative performance of 3.56% over the past week and a significant decline of 16.93% year-to-date, contrasting sharply with the Sensex, which has gained 2.00% in the same week and 7.11% year-to-date.
The stock's recent movement can be attributed to both positive and negative factors. While Godrej Properties has reported strong growth in net profit and positive results over the last five quarters, it faces significant challenges, including a weak long-term fundamental strength and negative operating profits. The company's ability to service its debt is concerning, as indicated by a poor EBIT to Interest ratio. Additionally, despite high institutional holdings, which typically indicate confidence in the company's fundamentals, the stock has underperformed the market significantly over the past year, generating a return of -26.81% compared to the broader market's positive returns. This combination of factors contributes to the stock's current downward trajectory.