Why is Suraj Estate falling/rising?

As of 13-Nov, Suraj Estate Developers Ltd is experiencing a decline in its stock price, currently at Rs 279.20, which represents a decrease of Rs 5.85 or 2.05%. Today's price summary indicates that the stock has underperformed its sector by 2.4%, reaching an intraday low of Rs 276.95. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 23.15% compared to the 5-day average. Over the past year, the stock has generated a return of -52.89%, while profits have increased by 35%. However, the high Debt to EBITDA ratio of 2.64 times indicates a low ability to service debt, contributing to negative sentiment around the stock.
In the broader market context, the stock's short-term performance over the past week shows a decline of 2.55%, while the benchmark Sensex has increased by 1.40%. This underperformance is further highlighted by the stock's long-term returns, which have lagged behind the BSE500 index over the last three years, one year, and three months. Institutional investors have also reduced their stake by 1.01% in the last quarter, reflecting a lack of confidence in the company's fundamentals. Overall, the combination of poor short-term performance, high debt levels, and declining institutional interest contributes to the stock's downward trajectory.