Why is Peninsula Land falling/rising?

As of 17-Jul, Peninsula Land Ltd's stock price is currently at Rs 42.71, reflecting a decline of Rs 1.32 or 3.0%. The stock has underperformed its sector by 4.53% today and has experienced a trend reversal, falling after three consecutive days of gains. Intraday, the stock reached a high of Rs 45.85 but also dipped to a low of Rs 42.4. Over the past week, the stock has decreased by 1.57%, while it has shown a significant increase of 46.07% over the past month. However, the company faces serious challenges, including operating losses and a high debt-to-equity ratio, which contribute to its weak long-term fundamental strength. The stock has reported negative results for the last five consecutive quarters, with a drastic fall in earnings per share and net sales, leading to a perception of it being a strong sell.
In the broader market context, while the Sensex has declined by 1.12% over the past week, Peninsula Land's performance is notably worse, indicating a lack of investor confidence. The stock has underperformed the market significantly over the last year, with a return of -37.28% compared to the Sensex's 1.91% gain. This underperformance, coupled with a lack of domestic mutual fund investment, suggests that institutional investors are wary of the company's prospects. The stock's liquidity remains adequate for trading, but the falling investor participation and negative financial indicators are likely contributing to the current downward pressure on its price.