Why is Peninsula Land falling/rising?

As of 24-Jul, Peninsula Land Ltd's stock price is currently at 39.65, reflecting a decrease of 0.75, or 1.86%. The stock has been underperforming, having fallen for the last six consecutive days, resulting in a total decline of 9.95% during this period. In the past week, the stock has decreased by 7.16%, while over the last month, it has shown a significant increase of 36.77%. However, the company has reported poor long-term growth, with net sales declining at an annual rate of 11.75% over the last five years, and it has experienced operating losses. Despite a recent increase in promoter confidence, with a 0.77% rise in their stake, the stock's overall performance has been negatively impacted by high debt levels and consistently negative earnings results over the past five quarters.
Broader market context indicates that while the Sensex has remained relatively stable with a slight decline of 0.09% over the past week, Peninsula Land's performance has been significantly worse. The stock's year-to-date performance shows a decline of 6.49%, contrasting sharply with the Sensex's gain of 5.18%. This underperformance is further highlighted by the stock's return of -43.14% over the past year, compared to the broader market's positive return of 2.54%. The falling investor participation, evidenced by a 61.45% drop in delivery volume, suggests a lack of confidence among traders, contributing to the stock's downward trajectory.