Why is Lodha Developers falling/rising?

As of 22-Aug, Lodha Developers Ltd is experiencing a decline in its stock price, currently at Rs 1,261.95, which reflects a decrease of Rs 30.45 or 2.36%. The stock has underperformed its sector by 1.8% today and has been on a downward trend for the last two days, accumulating a total loss of 2.88%. Additionally, the stock touched an intraday low of Rs 1,259.45, indicating a lack of investor confidence as the weighted average price suggests more volume was traded near this low. Despite a healthy long-term growth trajectory with net sales and operating profit increasing significantly, the stock's recent performance has been hindered by falling investor participation, as evidenced by a 31.42% drop in delivery volume compared to the five-day average.
In the broader market context, while Lodha Developers has shown a positive return of 2.36% over the past week, it has underperformed the Sensex, which gained 0.88% in the same period. Year-to-date, the stock is down 9.12%, contrasting sharply with the Sensex's 4.05% increase. Despite its strong fundamentals, including consistent returns over the last three years and high institutional holdings, the stock's recent price movement reflects a combination of short-term selling pressure and reduced trading activity, which may be causing investors to reassess their positions.