Why is Peninsula Land falling/rising?

As of 22-Sep, Peninsula Land Ltd's stock price is currently at 35.76, reflecting a decrease of 0.13 or 0.36%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 3.22%. In the past week, it has shown a slight increase of 0.22%, but over the last month, it has dropped by 2.83%. The company has been facing challenges, including a high debt-to-equity ratio of 63.59 times and a significant decline in net sales, which have decreased at an annual rate of 12.30% over the last five years. Despite a recent increase in promoter confidence, with a 0.77% increase in their stake, the stock's negative performance over the past year, with a return of -34.51%, indicates ongoing struggles.
In the broader market context, the stock has underperformed compared to the benchmark, as the Sensex has gained 0.46% over the past week while Peninsula Land's stock has only increased by 0.22%. Over the last year, while the Sensex has shown a decline of 2.82%, Peninsula Land's significant drop of 34.51% highlights its struggles relative to the market. The company's liquidity appears adequate for trading, but the falling investor participation, with a 31.95% decrease in delivery volume, suggests waning interest among investors, further contributing to the stock's downward trajectory.