Why is Sobha falling/rising?

As of 26-Aug, Sobha Ltd. is experiencing a decline in its stock price, currently at 1,482.30, reflecting a decrease of 29.2 points or 1.93%. The stock has shown a performance today that is in line with the sector, which has fallen by 2.22%. It touched an intraday low of Rs 1,474.35, indicating a significant drop of 2.46%. Over the past week, the stock has decreased by 0.92%, and over the last month, it has fallen by 8.39%. The company has high institutional holdings at 32.71%, but it faces challenges with weak long-term fundamental strength, including a -28.71% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 3.36 times. Recent financial results have also been disappointing, with a significant drop in profit before tax and a low return on equity of 2.1, contributing to the stock's downward trajectory.
In the broader market context, Sobha's short-term performance has been slightly better than the benchmark Sensex, which has declined by 1.05% over the past week. However, the stock's year-to-date performance shows a decline of 5.52%, contrasting with the Sensex's gain of 3.39%. The overall liquidity of the stock remains adequate for trading, but a notable decrease in delivery volume by 69.68% against the five-day average indicates falling investor participation, which may further pressure the stock price. The combination of disappointing financial results, high debt levels, and reduced investor interest suggests a challenging environment for Sobha Ltd., contributing to its current price decline.