Why is Lodha Developers falling/rising?

As of 23-Jul, Lodha Developers Ltd is experiencing a decline in its stock price, currently at Rs 1,333.45, which reflects a decrease of Rs 107.85 or 7.48%. The stock has underperformed its sector by 6.16% today and has been on a downward trend for the last two days, with a total decline of 8.03% during this period. Additionally, the stock has shown negative returns over the past week and month, with declines of 7.30% and 9.60%, respectively. Despite these short-term challenges, the company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 26.11% and operating profit at 30.06%. The company has also reported positive results for the last six consecutive quarters, indicating strong fundamentals, although the recent price movement suggests a disconnect between these fundamentals and current market sentiment.
In the broader market context, Lodha Developers' recent performance contrasts sharply with the Sensex, which has shown a slight increase of 0.11% over the past week and a gain of 1.01% over the past month. This underperformance may be attributed to falling investor participation, as evidenced by a significant drop in delivery volume, which fell by 50.89% against the five-day average. Furthermore, while the stock remains liquid enough for trading, its moving averages indicate a mixed picture, being higher than the 100-day and 200-day averages but lower than the shorter-term averages. The high institutional holdings at 27.01% suggest that more informed investors are backing the company, yet the recent price decline may reflect broader market conditions or sector-specific challenges that are impacting investor confidence.