Why is Peninsula Land falling/rising?

As of 04-Jul, Peninsula Land Ltd's stock price is currently at 31.21, reflecting a decrease of 0.43, or 1.36%. The stock has been underperforming, having fallen for the last three consecutive days, resulting in a total decline of 3.64% during this period. Despite a positive performance over the past week with a return of 4.03%, the stock has significantly underperformed in the longer term, with a year-to-date decline of 26.39% and a staggering 56.30% drop over the past year. The company is facing substantial challenges, including operating losses and a weak long-term fundamental strength, as evidenced by a negative growth rate in net sales and a high debt-to-equity ratio. Furthermore, the stock's recent negative earnings results and the lack of domestic mutual fund investment indicate a lack of confidence among investors.
In the broader market context, while the Sensex has shown a modest gain of 3.01% over the past month, Peninsula Land's performance has been notably weaker, with a monthly return of 11.74%. This contrast highlights the stock's struggle to keep pace with the market, particularly given its significant underperformance over the past year compared to the benchmark's positive returns. The stock's liquidity remains adequate, but the overall sentiment is dampened by its poor financial results and the absence of institutional support, which may further contribute to its declining price trend.