Why is Marathon Nextgen falling/rising?

As of 25-Jun, Marathon Nextgen Realty Ltd is experiencing a decline in its stock price, currently at Rs 628.55, which reflects a decrease of Rs 12.05 or 1.88%. Today's price summary indicates that the stock has underperformed its sector by 3.09% and has seen a trend reversal after three consecutive days of gains. The stock reached an intraday high of Rs 657.7 but fell to a low of Rs 624, with more volume traded closer to the low price. Despite a strong performance over the past year, with an 8.75% return, the company faces challenges such as a high Debt to EBITDA ratio and weak long-term fundamental strength, which may contribute to the recent price decline.
In the broader market context, Marathon Nextgen's short-term performance over the past week shows a gain of 7.26%, significantly outperforming the Sensex, which increased by only 1.61%. However, the stock's recent negative results, including a 25.67% decline in net sales and a high proportion of pledged promoter shares, may be causing investor concern, leading to the current price drop. While the stock has shown consistent returns over the last three years, the combination of weak fundamentals and increased pledged shares in a falling market could be exerting additional downward pressure on the stock price.