Why is Prestige Estates falling/rising?

As of 22-Sep, Prestige Estates Projects Ltd is experiencing a slight decline in its stock price, currently at 1,618.95, reflecting a decrease of 0.75 or 0.05%. The stock has been losing value for the last three days, with a total drop of 1.77% during this period. Despite being higher than the 5-day, 20-day, 100-day, and 200-day moving averages, it remains below the 50-day moving average. The stock has shown mixed performance over various time frames, with a year-to-date decline of 4.62% and a one-year drop of 13.87%. Additionally, while there is rising investor participation indicated by a significant increase in delivery volume, the company faces challenges such as weak long-term fundamental strength, a high Debt to EBITDA ratio, and low profitability metrics, which contribute to the stock's downward movement.
In the broader market context, the stock's short-term performance has outpaced the benchmark Sensex, which has increased by 0.46% over the past week compared to Prestige Estates' gain of 0.98%. However, the stock has underperformed significantly over the longer term, with a one-year return of -13.87% compared to the Sensex's decline of only 2.82%. This underperformance is compounded by the company's flat results and declining profitability, which have led to a perception of the stock as expensive relative to its fundamentals. Overall, while there are some positive indicators such as high institutional holdings and increased trading volume, the negative factors surrounding the company's financial health and performance continue to weigh heavily on its stock price.