Why is Sunteck Realty falling/rising?

As of 30-Jul, Sunteck Realty Ltd. is experiencing a decline in its stock price, currently at 400.10, which reflects a decrease of 7.25 or 1.78%. The stock has underperformed its sector today by 0.99%, reaching an intraday low of Rs 397, which is a drop of 2.54%. Over the past week, the stock has seen a significant decline of 8.62%, and it has also underperformed the benchmark Sensex, which fell by only 1.50%. The company is trading below all its moving averages, indicating a bearish trend, and there has been a notable drop in investor participation, with delivery volume falling by 65.53% compared to the five-day average. Additionally, the company's financial health is concerning, with a high Debt to EBITDA ratio of 4.66 times and poor long-term growth metrics, including a low Return on Equity of 1.96%.
In the broader market context, while the Sensex has shown a slight increase of 4.28% year-to-date, Sunteck Realty has faced a substantial decline of 20.80% in the same period. This stark contrast highlights the company's struggles compared to the overall market performance. The negative financial results reported for June, including a significant drop in net sales and profit before tax, further exacerbate the stock's downward trajectory. Despite having high institutional holdings at 26.87%, which typically indicates confidence from larger investors, the company's inability to service its debt and generate adequate returns has led to a lack of investor confidence, contributing to the stock's recent decline.