Why is Shriram Properti falling/rising?

As of 31-Jul, Shriram Properties Ltd is experiencing a decline in its stock price, currently at Rs 90.75, reflecting a decrease of Rs 2.3 or 2.47%. The stock has underperformed its sector by 1.95% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 4.67%. Additionally, the stock's performance over the past week shows a significant decline of 8.19%, and it has fallen 9.70% over the past month. Despite a strong growth in net sales and profits, with net sales increasing by 236.44% and PAT growing by 285.0%, the stock has generated a negative return of 18.72% over the past year, indicating a disconnect between its financial performance and stock price movement.
Broader market context reveals that while the Sensex has only declined by 1.22% over the past week, Shriram Properties' performance has been significantly worse, suggesting that specific company factors are driving the stock's decline. The stock's liquidity appears to be adequate, but a notable drop in delivery volume by 23.64% against the 5-day average indicates waning investor interest. Furthermore, the stock is trading at a discount compared to its peers, which could suggest potential value; however, the high PEG ratio of 8.8 may deter investors. Overall, the combination of recent poor performance, declining investor participation, and broader market trends contributes to the stock's current downward trajectory.