Why is Lodha Developers falling/rising?

As of 21-Aug, Lodha Developers Ltd is currently priced at Rs 1,292.40, reflecting a decrease of Rs 6.95 or 0.53%. The stock has recently experienced a trend reversal, falling after five consecutive days of gains. Despite this decline, the stock's performance over the past week shows a positive return of 4.83%, significantly outperforming the Sensex, which increased by only 1.74%. However, over the past month, Lodha Developers has underperformed with a return of -10.87%, while the Sensex saw a minor decline of just -0.24%. The stock is currently trading above its 5-day, 20-day, and 200-day moving averages, but below its 50-day and 100-day moving averages. Notably, there has been a rise in investor participation, with delivery volume increasing by 33.71% against the 5-day average.
In the broader market context, while Lodha Developers has shown strong long-term growth with a net sales increase of 20.45% and a significant operating profit growth of 23.52%, the recent price decline may be attributed to a short-term correction after a period of gains. The stock has consistently generated returns over the last three years, outperforming the BSE500 in each of the last three annual periods, which indicates a solid long-term outlook. However, the current underperformance against the sector today, where it lagged by 1.05%, suggests that market sentiment may be cautious despite the company's strong fundamentals and high institutional holdings at 27.09%.