Why is Godrej Propert. falling/rising?

As of 07-Aug, Godrej Properties Ltd is experiencing a decline in its stock price, currently at Rs 2,050.00, reflecting a decrease of Rs 11.3 or 0.55%. The stock has underperformed its sector by 0.39% today and has been on a downward trend, falling consecutively for the last two days with a total decline of 3.06%. Over the past week, the stock has decreased by 2.51%, and it has significantly underperformed the benchmark Sensex, which has only declined by 0.69% during the same period. The company's recent financial performance has raised concerns, particularly with operating losses and a negative EBITDA, which contribute to its weak long-term fundamental strength. Additionally, the stock's trading below all key moving averages and a notable drop in investor participation, with delivery volume falling by 35.22%, further indicate a lack of confidence among investors.
In the broader market context, Godrej Properties Ltd's performance has been notably poor compared to the benchmark indices. While the Sensex has shown a year-to-date increase of 3.18%, Godrej Properties has plummeted by 26.43% in the same timeframe. This stark contrast highlights the company's struggles, particularly with its ability to service debt and generate adequate returns on equity. The stock's long-term performance has also been disappointing, with a 31.21% decline over the past year, which is compounded by the fact that it has underperformed the BSE500 across various timeframes. The high institutional holdings at 39.61% suggest that while institutional investors may have the resources to analyze the company's fundamentals, the prevailing negative sentiment and operational challenges are driving the stock lower.