Why is Puravankara falling/rising?

As of 13-Jun, Puravankara Ltd's stock price is currently at 299.85, reflecting a decline of 6.3 points or 2.06%. The stock has been on a downward trend, having underperformed its sector by 2.3% today and experiencing a consecutive fall over the last four days, resulting in an overall drop of 8.5% during this period. It opened with a significant loss of 5.93% and reached an intraday low of Rs 288. The stock has shown a negative performance of -5.44% over the past week and a year-to-date decline of 21.24%. The company's weak long-term fundamentals, including a -9.76% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 9.81 times, further contribute to the stock's negative sentiment. Additionally, the company has reported very negative results in recent quarters, with a substantial fall in net sales and profitability metrics, leading to a lack of confidence among investors.
In the broader market context, while the Sensex has shown a slight decline of 1.30% over the past week, Puravankara's performance has been significantly worse, indicating a stark underperformance relative to the benchmark. The stock has generated a return of -31.09% over the past year, contrasting sharply with the Sensex's positive return of 5.61% during the same period. This underperformance is compounded by the fact that domestic mutual funds hold no stake in the company, suggesting a lack of confidence in its future prospects. Overall, the combination of poor financial results, declining investor participation, and unfavorable market conditions has led to the stock's continued decline.