Why is Landmark Cars falling/rising?

As of 07-Jul, Landmark Cars Ltd is experiencing a decline in its stock price, currently at Rs 517.55, which represents a decrease of Rs 17.95 or 3.35%. The stock has underperformed its sector by 2.89% today, reaching an intraday low of Rs 517.55. Over the past week, the stock has seen a slight decline of 0.45%, while its performance over the last month shows a significant increase of 15.96%. However, the stock's year-to-date performance is concerning, with a drop of 17.46% and a one-year return of -24.91%. The company's fundamentals are weak, highlighted by a 67.2% decline in profits over the past year and a high Debt to EBITDA ratio of 3.24 times, indicating challenges in servicing debt. Additionally, the stock is trading at a discount compared to its peers, but the negative returns and weak long-term growth prospects contribute to its current price movement.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has shown a modest increase of 1.53% over the past month and a 6.79% rise year-to-date. Landmark Cars has significantly underperformed the market, particularly over the last year, where the BSE500 index generated returns of 1.74% while the stock fell by 24.91%. This underperformance, coupled with falling investor participation—evidenced by a 46.21% drop in delivery volume—suggests a lack of confidence among investors. Despite high institutional holdings at 23.45%, which typically indicates a level of trust in the company's fundamentals, the overall sentiment remains negative due to the company's weak financial indicators and declining profitability.