Why is Lodha Developers falling/rising?

As of 29-Jul, Lodha Developers Ltd is experiencing a price increase, currently at 1,250.00, reflecting a rise of 48.6 or 4.05%. Today's performance indicates a trend reversal as the stock has gained after five consecutive days of decline, outperforming its sector by 2.75%. The stock reached an intraday high of Rs 1255.2, marking a 4.48% increase. Despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 13.27%, while it has fallen 12.21% over the past month. Positive factors contributing to the stock's recent movement include healthy long-term growth, with net sales and operating profit showing significant annual increases, and consistent positive results over the last seven quarters. However, the stock is viewed as expensive with a high valuation and a PEG ratio of 0.8, which may deter some investors.
In the broader market context, Lodha Developers' recent performance contrasts with the Sensex, which has only decreased by 1.03% over the past week and 3.24% over the past month. This indicates that while the stock is rising today, it has underperformed the benchmark in the short term. The company's high institutional holdings at 27.09% suggest that knowledgeable investors are backing it, which could provide some stability. However, the stock's year-to-date performance shows a decline of 9.98%, while the Sensex has gained 4.09%, highlighting a challenging environment for the stock relative to the overall market.