Why is Peninsula Land falling/rising?

As of 02-Jul, Peninsula Land Ltd's stock price is currently at 32.00, reflecting a decrease of 0.39, or 1.2%. The stock has recently experienced a trend reversal, falling after four consecutive days of gains. Despite outperforming its sector by 0.43% today, the stock's delivery volume has significantly decreased by 49.79% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has shown a notable return of 13.27%, although it has underperformed in the longer term, with a year-to-date decline of 24.53% and a staggering 56.13% drop over the past year. The company's weak long-term fundamentals, characterized by operating losses and a negative growth rate in net sales, contribute to its current price movement.
In the broader market context, while the Sensex has gained 0.79% over the past week, Peninsula Land's performance stands out with a much higher return in the same period. However, the stock has underperformed the market significantly over the last year, where the BSE500 has generated returns of 3.11%. The company's high debt levels, poor earnings performance, and lack of domestic mutual fund investment suggest a lack of confidence in its long-term viability, which likely weighs on investor sentiment and contributes to the stock's current decline.