Why is Popular Estate falling/rising?

As of 30-Jun, Popular Estate Management Ltd is experiencing a decline in its stock price, currently at 23.50, reflecting a decrease of 0.25 or 1.05%. The stock has underperformed its sector by 1.31% today and has seen a consecutive fall over the last two days, resulting in a total drop of 6% during this period. Despite a strong performance over the past year with a return of 31.95%, the stock's profits have not increased, remaining flat, which raises concerns about its valuation. Additionally, while the stock is trading above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages, indicating a potential short-term weakness. The recent increase in delivery volume suggests rising investor participation, but the overall sentiment remains cautious due to the company's negative EBITDA.
In the broader market context, the stock's short-term performance has significantly lagged behind the benchmark, with a 1-week return of -6.41% compared to the Sensex's gain of 2.09%. This underperformance highlights the stock's volatility and the challenges it faces in maintaining investor confidence. While the company has shown strong returns year-to-date and over the past month, the recent negative trends and lack of profit growth may contribute to a more cautious outlook among investors, especially in comparison to the broader market's positive performance.