Why is Godrej Propert. falling/rising?

As of 24-Sep, Godrej Properties Ltd is experiencing a decline in its stock price, currently at Rs 2,019.00, which represents a decrease of Rs 85.25 or 4.05%. The stock has underperformed its sector by 1.63% today, reaching an intraday low of Rs 2,011.5. The weighted average price indicates that more volume was traded closer to this low price. Over the past week, the stock has fallen by 3.02%, and its year-to-date performance shows a significant drop of 27.54%. The company is facing high institutional holdings at 39.61%, but it also has weak long-term fundamentals, highlighted by operating losses and a negative EBIT to interest ratio of -0.49. Recent financial results have shown a drastic decline in net sales and profitability, further contributing to the stock's downward trend.
In the broader market context, Godrej Properties has underperformed compared to the Sensex, which has gained 4.58% year-to-date while the stock has dropped significantly. The construction and real estate sector has also seen a decline of 2.38%, indicating a challenging environment for the company. Additionally, the stock's liquidity remains adequate for trading, but a notable drop in investor participation, with a 40.64% decrease in delivery volume compared to the five-day average, suggests waning interest among investors. Overall, the combination of poor financial performance, negative EBITDA, and a weak market position has led to the stock's decline.