Why is Prime Property falling/rising?

As of 22-Sep, Prime Property Development Corporation Ltd is experiencing a decline in its stock price, currently at Rs 32.99, which reflects a decrease of 1.0 (-2.94%). The stock has underperformed its sector by 2.87% today, opening with a loss of 3.09% and reaching an intraday low of Rs 31.96, marking a drop of 5.97%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also significantly decreased, falling by 53.4% against the 5-day average, suggesting a decline in investor participation. Year-to-date, the stock has dropped 15.08%, contrasting with a 5.15% increase in the benchmark index.
In the broader market context, the stock's performance over the past week shows a modest gain of 1.13%, while the benchmark Sensex has increased by 0.46%. However, over the past month, Prime Property has declined by 3.59%, while the Sensex has risen by 1.05%. This underperformance is further highlighted by the stock's year-to-date decline compared to the benchmark's positive return. Overall, the combination of negative price movements, reduced investor activity, and poor performance relative to the benchmark suggests a challenging environment for Prime Property Development Corporation Ltd.