Why is Popular Estate falling/rising?

As of 25-Aug, Popular Estate Management Ltd's stock price is currently at Rs 21.75, reflecting a decline of Rs 1.17 or 5.1%. Today's trading performance indicates that the stock underperformed its sector by 7.5%, opening with a loss of 4.01% and reaching an intraday low of Rs 21.75. Despite a recent positive trend with a 1-week return of 4.27% and a year-to-date return of 11.42%, the stock's performance has been hindered by flat results reported in June and a negative EBITDA, which raises concerns about its valuation. Additionally, while the stock has generated a return of 10.80% over the past year, its profits have not increased, remaining flat, which may contribute to investor apprehension.
In the broader market context, the stock's recent decline contrasts with the benchmark Sensex, which has shown a modest gain of 0.45% over the past week. Although Popular Estate has outperformed the market over the past year, the current negative sentiment surrounding its earnings and the erratic trading patterns, including not trading on two days out of the last twenty, suggest a cautious outlook among investors. The overall market has faced challenges, as evidenced by the BSE500's negative return of -2.11% in the last year, but Popular Estate's recent performance indicates a divergence from this trend, leading to its current price drop.