Why is Lodha Developers falling/rising?

As of 01-Sep, Lodha Developers Ltd is currently priced at 1,204.60, reflecting an increase of 4.7 points or 0.39%. Despite this uptick, the stock has underperformed its sector by 0.63% today and has been on a downward trend, having fallen for three consecutive days prior to this gain. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a decline in investor participation, with delivery volume dropping by 7.54% compared to the 5-day average. Over the past week, the stock has decreased by 4.93%, while it has seen a marginal decline of 0.13% over the past month. However, the company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 21.80% and operating profit growing at 23.52%. The company has also reported positive results for the last seven consecutive quarters, which may contribute to some investor confidence.
In the broader market context, Lodha Developers has underperformed compared to the Sensex, which has seen a decline of only 1.56% over the past week. While the stock has generated a return of -3.98% over the past year, its profits have risen significantly by 53.8%, suggesting that the stock may be undervalued relative to its earnings growth, as indicated by a PEG ratio of 0.8. Despite its high institutional holdings at 27.09%, which typically indicates confidence from more knowledgeable investors, the stock's valuation appears expensive with a high enterprise value to capital employed ratio of 5.1. This combination of factors may lead to mixed sentiments among investors, contributing to the stock's recent price movements.