Why is Narendra Prop. falling/rising?

As of 15-Oct, Narendra Properties Ltd is experiencing a slight decline in its stock price, currently at 37.80, reflecting a decrease of 0.03 or 0.08%. The stock has underperformed its sector by 2.63% today and has been on a consecutive downward trend for the last four days, resulting in a total decline of 8.47% during this period. Over the past week, the stock has fallen by 5.50%, and its year-to-date performance shows a decrease of 4.33%. Despite some positive financial indicators, such as a significant growth in net sales and profit after tax, the company faces challenges with operating losses and a weak ability to service its debt, which contributes to its negative sentiment in the market.
In the broader market context, while the Sensex has shown a positive return of 1.02% over the past week, Narendra Properties Ltd has notably lagged behind, indicating a stark contrast in performance. The company’s stock has underperformed the market over the last year, with a return of -14.27% compared to the BSE500's decline of only 1.87%. This underperformance, coupled with the company's weak long-term fundamentals and negative EBITDA, suggests that investor confidence is waning, leading to the current downward trend in the stock price.