Why is Suraj Estate falling/rising?

As of 22-Jul, Suraj Estate Developers Ltd is experiencing a decline in its stock price, currently at 322.00, which reflects a decrease of 1.0 (-0.31%). The stock has been underperforming recently, with a consecutive fall over the last two days resulting in a total decline of -1.47%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock's performance over the past week shows a slight decline of -0.25%, and it has significantly underperformed the market with a year-to-date return of -46.83%. Factors contributing to this decline include weak financial metrics, such as a poor EBIT to Interest ratio of 1.89, and a decrease in institutional investor participation, which fell by -0.69% in the previous quarter.
In the broader market context, while the Sensex has shown a modest gain of +5.18% year-to-date, Suraj Estate's performance has been notably poor, with a staggering -46.83% decline in the same period. This stark contrast highlights the company's struggles relative to the overall market. The stock's recent performance has also been hindered by flat quarterly results, with significant drops in profit before tax and profit after tax compared to previous quarters. The combination of falling investor participation, weak financial health, and underperformance against benchmarks suggests that the stock is facing considerable challenges, leading to its current downward trajectory.