Why is Suraj Estate falling/rising?

As of 04-Aug, Suraj Estate Developers Ltd is currently priced at 288.85, reflecting an increase of 0.7 (0.24%). The stock has recently gained after two consecutive days of decline, although it is still trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has underperformed the sector by 1.23%, and its delivery volume has significantly decreased by 46.62% compared to the 5-day average. Despite a substantial drop of 59.95% in returns over the past year, the company has seen a 35% rise in profits, with a PEG ratio of 0.6 indicating fair valuation. However, the recent quarterly results show a decline in profit before tax and profit after tax compared to previous averages, contributing to a negative sentiment around the stock.
In the broader market context, the stock has underperformed the benchmark Sensex, which has gained 0.16% over the past week while Suraj Estate has declined by 1.73%. Additionally, the stock has shown a significant negative return of 52.30% year-to-date, contrasting with the Sensex's positive return of 3.69%. The decrease in institutional investor participation, with a 0.69% reduction in their stake, further indicates a lack of confidence in the stock's future performance. Overall, the combination of poor long-term returns, declining institutional interest, and recent underperformance relative to the benchmark suggests that the stock's recent rise may not be sustainable in the face of these challenges.