Why is Godrej Propert. falling/rising?

As of 07-Nov, Godrej Properties Ltd is experiencing a decline in its stock price, currently at Rs 2,143.70, which represents a decrease of Rs 50.55 or 2.3%. The stock has been underperforming, having fallen for three consecutive days with a total decline of 7.16% during this period. In terms of returns, the stock has decreased by 6.38% over the past week and 23.63% over the past year, significantly underperforming the benchmark Sensex, which has gained 4.62% in the same timeframe. The company's financial health is concerning, with high institutional holdings at 38.74% indicating that these investors are likely aware of the company's weak long-term fundamentals, including operating losses and a negative EBIT to interest ratio of -1.21.
Broader market context shows that while the Sensex has increased by 1.57% over the past month, Godrej Properties has managed a modest gain of 3.42% in the same period, but this is overshadowed by its year-to-date decline of 23.07%. The stock's liquidity appears adequate, with a delivery volume increase of 38.57% on November 6, suggesting some investor interest despite the negative sentiment. However, the company's recent financial results, including a significant drop in net sales and a low return on capital employed, contribute to a perception of risk, leading to its underperformance relative to the broader market.