Why is Parsvnath Devl. falling/rising?

As of 26-Aug, Parsvnath Developers Ltd is experiencing a decline in its stock price, currently at 15.00, which reflects a decrease of 0.32 or 2.09%. The stock has been losing value for the last two days, with a total drop of 3.85% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has fallen by 4.46%, and in the last month, it has seen a significant decline of 21.34%. The company's financial health is concerning, as it has reported negative results for the last four consecutive quarters, with a high Debt to EBITDA ratio and negative net worth, indicating weak long-term fundamental strength. Additionally, 31.77% of promoter shares are pledged, which adds downward pressure on the stock in a falling market.
In the broader market context, the construction and real estate sector has also faced challenges, with a decline of 2.22%. Compared to the benchmark Sensex, which has decreased by only 1.05% over the past week, Parsvnath Developers Ltd's performance is notably worse. The stock's year-to-date return is down by 35.01%, contrasting sharply with the Sensex's gain of 3.39%. This underperformance, combined with falling investor participation and liquidity issues, further exacerbates the stock's struggles in the current market environment.