Why is Marathon Nextgen falling/rising?

As of 25-Jul, Marathon Nextgen Realty Ltd's stock price is currently at 682.00, reflecting a decrease of 9.8 points or 1.42%. The stock has been underperforming, having fallen consecutively for the last six days, resulting in a total decline of 10.35% during this period. Despite touching an intraday high of Rs 705.95 today, the stock's performance has been weaker than its sector by 0.53%. Over the past week, it has experienced a significant drop of 10.12%, although it has shown positive returns of 8.50% over the last month and 16.65% year-to-date. The stock's high institutional holdings at 26.56% and their increased stake by 21.86% in the previous quarter indicate confidence among larger investors, but the company faces challenges with weak long-term fundamentals, including a high Debt to EBITDA ratio and a low Return on Capital Employed (ROCE) of 9.25%.
In the broader market context, the Sensex has only declined by 0.36% over the past week, indicating that Marathon Nextgen's short-term performance is significantly worse than the benchmark. While the stock has outperformed the BSE500 over the last three years, the recent negative financial results, including a 25.9% drop in profit before tax and a 25.67% decline in net sales, have contributed to the stock's downward trend. The stock's valuation appears expensive relative to its fundamentals, despite a year-on-year return of 8.18% and profit growth of 12.1%. This combination of underperformance in the short term, coupled with concerning financial metrics, suggests that investor sentiment may be shifting negatively, leading to the current decline in stock price.