Why is Sunteck Realty falling/rising?

As of 18-Jul, Sunteck Realty Ltd. is experiencing a decline in its stock price, currently at Rs 428.50, which reflects a decrease of Rs 9.8 or 2.24%. The stock has been underperforming, having fallen consecutively for the last two days with a total drop of 3.16%. In terms of performance against benchmarks, the stock has shown a negative return of 2.17% over the past week and a significant decline of 15.18% year-to-date, while the Sensex has remained relatively stable with a slight increase of 0.38% in the same month. Additionally, the company has reported poor financial results, including a drop in net sales and profitability, which has contributed to its weak performance. The high Debt to EBITDA ratio of 4.66 times indicates a low ability to service debt, further exacerbating investor concerns.
In the broader market context, while the stock has underperformed the market significantly over the past year with a return of -30.21% compared to the BSE500's -0.36%, it has shown some liquidity with a 59.73% increase in delivery volume recently. Despite having high institutional holdings at 27.56%, which typically suggests confidence from informed investors, the company's fundamentals, including low profitability and poor long-term growth, have led to a negative sentiment surrounding the stock. Overall, the combination of disappointing financial results and high debt levels has resulted in a bearish outlook for Sunteck Realty in the current market environment.