Why is Shriram Properti falling/rising?

As of 29-Aug, Shriram Properties Ltd is experiencing a decline in its stock price, currently at 85.80, which reflects a decrease of 0.9 or 1.04%. The stock has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 29.7% compared to the 5-day average. Over the past week, the stock has decreased by 4.67%, and it has shown a substantial decline of 36.26% over the past year, significantly underperforming the benchmark Sensex, which has only declined by 2.83% during the same period. While there were positive results in net sales and profit after tax, the long-term fundamentals remain weak, with a -24.77% CAGR growth in operating profits over the last five years and a low return on equity of 5.70%.
In the broader market context, Shriram Properties Ltd's recent performance contrasts sharply with the benchmark, as it has underperformed the BSE500 over the last three years, one year, and three months. The stock's negative trajectory is compounded by the low stake held by domestic mutual funds, which may indicate a lack of confidence in the company's valuation or business prospects. Despite some positive financial metrics, such as a 42.49% growth in net sales, the overall sentiment remains cautious due to the company's weak ability to service its debt and the declining investor interest, leading to a continued downward pressure on the stock price.