Why is Homesfy Realty falling/rising?

As of 15-Sep, Homesfy Realty Ltd is experiencing a decline in its stock price, currently at Rs 259.15, which reflects a decrease of Rs 8.8 or 3.28%. The stock has underperformed significantly, with a 1-week return of -1.91% and a 1-month return of -10.25%, while the benchmark Sensex has shown positive returns of +1.20% and +1.78% respectively over the same periods. Additionally, the stock is trading lower than its moving averages across various time frames, indicating a bearish trend. The stock is also close to its 52-week low, just 2.06% away from Rs 253.8. Furthermore, there has been a notable drop in investor participation, with delivery volume falling by 61.54% compared to the 5-day average, suggesting a lack of interest among investors.
In the broader market context, Homesfy Realty's performance contrasts sharply with the Sensex, which has gained 6.02% year-to-date, while Homesfy has plummeted by 49.19%. This stark difference highlights the stock's struggle in a generally positive market environment. The lack of available positive factors further emphasizes the challenges faced by Homesfy Realty, as there are no mitigating circumstances reported that could support a rebound in its stock price. Overall, the combination of poor performance metrics, declining investor interest, and unfavorable comparisons to the benchmark indicates a continued downward trajectory for Homesfy Realty.