Why is Puravankara falling/rising?

As of 17-Sep, Puravankara Ltd's stock price is currently at 265.35, reflecting a decrease of 4.6, or 1.7%. The stock has been underperforming, having lost 5.87% over the last four days, and it is trading below all key moving averages, indicating a bearish trend. The stock's performance over the past week shows a decline of 6.58%, while its year-to-date return is down by 30.30%. The company has reported negative results for the last three consecutive quarters, with significant declines in operating profits and net sales, contributing to a weak long-term fundamental outlook. Additionally, the high debt-to-EBITDA ratio and low return on equity further exacerbate investor concerns, leading to a lack of confidence reflected in the stock's price movement.
In the broader market context, Puravankara's performance has significantly lagged behind the benchmark Sensex, which has gained 1.56% over the past week and 5.83% year-to-date. This stark contrast highlights the stock's struggles, especially as it has generated a return of -41.94% over the past year compared to the Sensex's slight decline of -0.46%. The low participation from domestic mutual funds, holding only 0% of the company, suggests a lack of confidence in its valuation and business prospects, further contributing to the stock's downward trajectory. Overall, the combination of poor financial performance, high debt levels, and underwhelming investor sentiment has led to the stock's recent decline.