Why is PNB Housing falling/rising?

As of 25-Aug, PNB Housing Finance Ltd's stock price is currently at 799.80, reflecting a decrease of 2.15 points or 0.27%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 2.18% during this period. In terms of returns, the stock has experienced a significant drop of 20.76% over the past month, while it has shown a modest gain of 1.74% over the past week. Despite the company reporting positive results for the last 11 consecutive quarters, including record net sales and profit growth, the long-term growth outlook appears poor due to a slight annual decline in net sales. Additionally, while the stock is trading at a fair valuation compared to peers, the recent drop in investor participation, with delivery volume falling by 54.59%, may indicate waning interest among investors.
In the broader market context, PNB Housing's short-term performance has outpaced the Sensex over the past week, which only gained 0.45%. However, the stock's longer-term performance is concerning, as it has declined by 9.11% year-to-date, while the Sensex has risen by 4.48%. The high institutional ownership at 62.18% suggests that informed investors are backing the stock, but the overall market sentiment may be influenced by the company's poor long-term growth prospects, as indicated by the negative annual growth rate in net sales. This combination of factors contributes to the stock's current downward trajectory.