Why is Prestige Estates falling/rising?

As of 03-Jul, Prestige Estates Projects Ltd is currently priced at 1,607.00, reflecting a slight increase of 2.3 (0.14%). The stock has shown a trend reversal by gaining after five consecutive days of decline. It has outperformed its sector by 0.49% today, with a notable rise in delivery volume, which increased by 21.53% compared to the five-day average. However, the stock has underperformed in the longer term, with a one-year return of -10.79%, contrasting sharply with the Sensex's gain of 4.07%. The company faces significant challenges, including a weak long-term fundamental strength indicated by a -1.99% CAGR growth in net sales over the last five years and a high debt to EBITDA ratio of 3.23 times, which raises concerns about its ability to service debt.
Broader market context shows that while the stock has experienced a short-term uptick, it remains under pressure due to its overall negative performance in the past year. The benchmark, represented by the Sensex, has outperformed the stock significantly, with a one-year return of 4.07% compared to the stock's decline. Despite high institutional holdings at 36.32%, which could provide some stability, the company's persistent negative results over the last five quarters and a substantial fall in net sales indicate ongoing financial difficulties that could hinder any sustained recovery in the stock price.