Why is Lodha Developers falling/rising?

As of 26-Aug, Lodha Developers Ltd is experiencing a decline in its stock price, currently at Rs 1,231.15, which reflects a decrease of Rs 35.9 or 2.83%. Today's price summary indicates that the stock has underperformed its sector by 0.74%, touching an intraday low of Rs 1,228.8. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Over the past week, the stock has decreased by 2.08%, and over the past month, it has fallen by 3.76%. Despite positive long-term growth indicators, such as a 21.80% annual growth in net sales and a low debt-equity ratio of 0.35, the stock's valuation appears expensive with a high enterprise value to capital employed ratio, which may be contributing to the current downward pressure.
In the broader market context, Lodha Developers' recent performance contrasts with the benchmark Sensex, which has only declined by 1.05% over the past week and 0.83% over the past month. This underperformance indicates that investor sentiment towards Lodha Developers is weaker compared to the overall market. Furthermore, the construction and real estate sector has also seen a decline of 2.22%, which may be affecting investor confidence in Lodha Developers. The significant drop in delivery volume, which fell by 50.59% against the 5-day average, suggests a lack of investor participation, further exacerbating the stock's decline.