Why is Marathon Nextgen falling/rising?

As of 09-Jul, Marathon Nextgen Realty Ltd's stock price is currently at 701.45, reflecting a decrease of 14.65 points or 2.05%. The stock has recently experienced a trend reversal, falling after three consecutive days of gains. Today, it reached an intraday high of Rs 731.4 but also touched a low of Rs 697.15, indicating volatility within the trading session. Despite a strong performance over the past month with a 20% increase, the stock underperformed its sector by 1.01% today. Additionally, while the stock has shown consistent returns over the last three years, it faces challenges such as a weak long-term fundamental strength indicated by a low Return on Capital Employed (ROCE) of 9.25% and a high Debt to EBITDA ratio of 6.55 times. Furthermore, 91.46% of promoter shares are pledged, which can exert downward pressure on the stock in a falling market.
In the broader market context, Marathon Nextgen's performance over the past week has been notably strong, with a return of 5.93%, significantly outperforming the Sensex, which only gained 0.15%. However, the recent decline in the stock price may reflect investor concerns over its financial health, particularly following negative results reported for March 25, where profit before tax fell by 25.9% compared to the previous four-quarter average. The stock's valuation appears expensive relative to its peers, despite generating a 12.50% return over the past year, which may contribute to the current selling pressure as investors reassess their positions amidst these financial indicators.