Why is Popular Estate falling/rising?

As of 27-Jun, Popular Estate Management Ltd is experiencing a decline in its stock price, currently at Rs 23.75, which reflects a decrease of Rs 1.25 or 5.0%. Today's price summary indicates that the stock has underperformed its sector by 4.71%, with an intraday low of Rs 23.75. Additionally, the stock has shown erratic trading patterns, not trading on one day out of the last 20 days, and has seen a significant drop in delivery volume, falling by 96.28% against the 5-day average. Despite a strong year-to-date return of 21.67% and a one-year return of 31.22%, the stock's profits have stagnated, with negative EBITDA raising concerns about its valuation and risk profile.
In the broader market context, the stock's short-term performance has been notably weaker compared to the benchmark, with a one-week return of -5.87% while the Sensex has gained 2.00%. This underperformance is compounded by the stock's current liquidity situation, which is deemed sufficient for trading but reflects a lack of investor confidence. While the majority shareholders are promoters and the company has reported positive results in March, the lack of profit growth and the negative EBITDA position contribute to a perception of risk, leading to the stock's recent decline.