Why is Lodha Developers falling/rising?

As of 31-Jul, Lodha Developers Ltd is currently priced at 1,231.70, reflecting a decline of 6.25 points or 0.5%. The stock has been experiencing consecutive losses, having fallen 1.46% over the last two days. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has decreased significantly, with delivery volume dropping by 80.33% compared to the 5-day average. Despite the company reporting healthy long-term growth with net sales and operating profit increasing annually, the stock's performance over the past month has been poor, with a decline of 11.45%, while it has also underperformed against the benchmark Sensex, which fell only 3.00% during the same period.
In the broader market context, Lodha Developers' short-term performance is notably worse than that of the Sensex, which suggests a lack of investor confidence relative to the overall market. While the company has shown strong fundamentals, such as a high return on capital employed and consistent profit growth, its valuation appears expensive compared to peers, which may be contributing to the stock's decline. The stock's negative returns over the past year, despite profit increases, indicate a disconnect between market perception and financial performance, leading to its current downward trajectory.