Why is Prestige Estates falling/rising?

As of 24-Sep, Prestige Estates Projects Ltd is experiencing a decline in its stock price, currently at Rs 1,571.00, which reflects a decrease of Rs 33.7 or 2.1%. The stock has been on a downward trend, having fallen for the last five consecutive days, resulting in a total return of -4.68% over the past week. Today's performance indicates that it has outperformed its sector by 0.32%, but it has also touched an intraday low of Rs 1,555, showing significant volatility. The stock's long-term fundamentals are weak, with a negative CAGR growth in net sales over the last five years and a high debt to EBITDA ratio, which raises concerns about its ability to service debt. Additionally, the company has reported a substantial drop in profitability, with a return on equity averaging only 6.29%, further contributing to investor apprehension.
In the broader market context, while the Sensex has only declined by 1.18% over the past week, Prestige Estates' performance has significantly lagged behind, indicating a more pronounced weakness in its stock compared to the overall market. The company's recent flat results and a -15.76% return over the past year, which is worse than the market's -5.32% return, suggest that investor confidence is waning. Furthermore, falling investor participation, as evidenced by a 19.46% drop in delivery volume, reflects a lack of interest in the stock, which is compounded by the broader construction and real estate sector's decline of 2.38%. Overall, these factors contribute to the stock's downward trajectory amidst a challenging market environment.