Why is Lodha Developers falling/rising?

As of 28-Jul, Lodha Developers Ltd is experiencing a decline in its stock price, currently at Rs 1,201.40, which reflects a decrease of Rs 77.9 or 6.09%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 17.14% over that period. Today's performance indicates that it underperformed its sector by 2.75%, with an intraday low of Rs 1,191.35. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Despite healthy long-term growth indicators, such as a 26.11% annual growth in net sales and a 30.06% increase in operating profit, the recent price movement reflects a lack of investor confidence, as evidenced by a significant drop in delivery volume by 36.01% against the 5-day average.
In the broader market context, Lodha Developers has underperformed compared to the benchmark Sensex, which has only declined by 1.59% over the past week. While the company has shown strong fundamentals with positive results over the last seven quarters and high institutional holdings at 27.09%, these factors have not translated into short-term stock price stability. The construction and real estate sector as a whole has also seen a downturn, with a 3.32% decline, contributing to the negative sentiment surrounding Lodha Developers. Overall, the combination of falling investor participation and sector-wide challenges has led to the stock's recent decline.