Why is Parsvnath Devl. falling/rising?

As of 29-Aug, Parsvnath Developers Ltd is experiencing a decline in its stock price, currently at 14.89, which represents a decrease of 0.11 or 0.73%. The stock has underperformed in the short term, with a 1-week return of -4.55% and a 1-month return of -13.53%. Today's price summary indicates that the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 9.59% compared to the 5-day average. The company's financial health is concerning, as it has reported negative results for the last four consecutive quarters, including a significant drop in net sales and a high Debt to EBITDA ratio, which raises alarms about its ability to service debt and sustain operations.
In the broader market context, Parsvnath Developers Ltd's recent performance contrasts with the benchmark Sensex, which has seen a decline of only 1.84% over the same 1-week period. This stark difference highlights the stock's weak position relative to the market. The company's ongoing financial struggles, including a negative EBITDA and a high percentage of pledged promoter shares, further exacerbate its vulnerability in a declining market. As a result, the combination of poor financial results, low investor confidence, and unfavorable market conditions contributes to the downward pressure on the stock price.