Why is Lodha Developers falling/rising?

As of 08-Aug, Lodha Developers Ltd is experiencing a decline in its stock price, currently at Rs 1,203.15, which reflects a decrease of Rs 21.85 or 1.78%. The stock has been on a downward trend, having lost value for the last four consecutive days, resulting in a total decline of 3.28% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. The stock's performance over the past month shows a significant drop of 12.56%, while year-to-date, it has decreased by 13.36%. Despite these short-term challenges, the company has reported positive long-term growth metrics, including a 21.80% annual growth rate in net sales and a 39.94% increase in profit after tax over the latest six months, which suggests underlying strength.
In the broader market context, Lodha Developers' recent performance contrasts with the benchmark Sensex, which has declined by 0.92% over the past week and 4.60% over the past month. The construction and real estate sector, in which Lodha operates, has also seen a downturn, falling by 2.04%. The stock's liquidity remains adequate, but there has been a notable decrease in investor participation, with delivery volume dropping by 9.28% compared to the 5-day average. While institutional holdings are high at 27.09%, indicating confidence from larger investors, the recent price movements and sector performance suggest a cautious outlook for the stock in the short term.