Why is Lodha Developers falling/rising?

As of 24-Jul, Lodha Developers Ltd is experiencing a decline in its stock price, currently at Rs 1,325.90, which reflects a decrease of Rs 7.55 or 0.57%. The stock has been underperforming recently, with a consecutive fall over the last three days resulting in an overall drop of 8.56%. Today's performance shows that it has outperformed its sector by 0.61%, but it still touched an intraday low of Rs 1,305. The stock's returns over the past week and month are notably negative, at -7.99% and -9.86%, respectively, while the year-to-date return stands at -4.52%. Despite these short-term declines, the company has shown 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, which may provide some support for the stock.
In the broader market context, Lodha Developers' recent performance contrasts sharply with the benchmark Sensex, which has seen a slight decline of only 0.09% over the past week and a positive return of 0.16% over the past month. This indicates that while the overall market remains relatively stable, Lodha Developers is facing specific challenges that are impacting its stock price. The high institutional holdings at 27.01% suggest that informed investors are backing the company, which could provide some stability in the long run. However, the significant drop in stock price and the negative short-term returns compared to the benchmark may indicate investor concerns that could be weighing on the stock's performance.