Why is Peninsula Land falling/rising?

As of 25-Jul, Peninsula Land Ltd's stock price is currently at Rs 38.13, reflecting a decrease of Rs 1.52 or 3.83%. The stock has been on a downward trend, having lost 13.4% over the past seven days, and it underperformed its sector by 2.94% today. In terms of returns, the stock has seen a significant decline of 43.07% over the past year, while it has gained 34.97% over the last month. Despite a recent increase in promoter confidence, with a 0.77% rise in their stake, the company faces challenges such as operating losses and a weak long-term growth outlook, with net sales declining at an annual rate of 11.75% over the past five years.
In the broader market context, the Sensex has only fallen by 0.36% over the past week, indicating that Peninsula Land's short-term performance is significantly worse than the benchmark. The stock's liquidity remains adequate, but a notable drop in investor participation, with a 31.25% decrease in delivery volume compared to the five-day average, suggests waning interest among investors. Overall, the combination of poor financial results, high debt levels, and a substantial decline in earnings per share has contributed to the stock's recent downward movement, making it underperform relative to the market.