Why is Nila Spaces falling/rising?

As of 12-Aug, Nila Spaces Ltd is experiencing a decline in its stock price, currently at 13.04, reflecting a decrease of 0.34 or 2.54%. The stock has underperformed its sector today by 1.9%, and its delivery volume has fallen by 19.33% compared to the 5-day average, indicating a decrease in investor participation. Over the past week, the stock has dropped by 5.44%, and it has also seen a significant decline of 13.59% over the past month. Despite a strong long-term performance with a 44.09% return in the last year and impressive growth in operating profit, the company faces challenges such as low management efficiency, evidenced by a return on equity of only 4.17%, and a high price-to-book value ratio of 3.6, which may deter investors.
In the broader market context, while the Sensex has only declined by 0.59% over the past week, Nila Spaces' performance has been notably worse, suggesting that the stock's recent struggles are not solely due to market conditions but also company-specific issues. The stock's year-to-date performance shows a significant drop of 24.23%, contrasting sharply with the Sensex's gain of 2.68%. The lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the company's valuation or business prospects, further contributing to the stock's downward pressure.