Why is Godrej Propert. falling/rising?

As of 01-Aug, Godrej Properties Ltd is experiencing a decline in its stock price, currently at Rs 2,049.25, which reflects a decrease of Rs 53.5 or 2.54%. The stock has underperformed its sector by 0.97% today and has been on a downward trend for the past three days, accumulating a total loss of 4.89% during this period. Additionally, the stock has shown significant negative returns over various time frames, including a 1-month decline of 11.47% and a year-to-date drop of 26.46%. The company is trading below all its moving averages, indicating a bearish trend. Furthermore, the stock's liquidity is adequate, but there has been a notable decrease in investor participation, with delivery volume falling by 33.53% compared to the 5-day average.
In the broader market context, Godrej Properties has underperformed relative to the Sensex, which has only declined by 1.06% over the past week. The company's financial health is concerning, as it has reported operating losses and a weak ability to service its debt, reflected in a poor EBIT to Interest ratio of -0.25. The latest quarterly results showed the lowest operating profit to interest ratio at -7.44 times and net sales at Rs 434.56 crore, contributing to a negative EBITDA. Despite high institutional holdings at 39.61%, which typically indicate confidence in the company's fundamentals, the overall weak long-term performance and negative profitability metrics have led to a bearish outlook for the stock, reinforcing its status as a strong sell.