Why is Peninsula Land falling/rising?

As of 15-Sep, Peninsula Land Ltd's stock price is currently at 35.68, reflecting a decrease of 0.02, or 0.06%. The stock has underperformed its sector today, with a performance drop of 2.21%. Over the past week, the stock has shown a positive return of 3.72%, but it has declined by 2.49% over the last month and significantly by 15.85% year-to-date. Despite the recent rise in promoter confidence, with a 0.77% increase in their stake, the company faces challenges such as high debt levels, poor long-term growth, and negative results over the last six quarters, which contribute to its current price movement.
In the broader market context, the construction and real estate sector has gained by 2.21%, indicating a favorable environment for the industry. However, Peninsula Land's performance has lagged behind, particularly in the last year, where it has returned -36.34%, compared to a slight decline of -1.33% in the Sensex. This stark contrast highlights the company's struggles relative to the market, compounded by its high debt-to-equity ratio and declining net sales, which have negatively impacted investor sentiment and stock performance.