Why is Valor Estate falling/rising?

As of 24-Sep, Valor Estate Ltd is currently priced at 171.75, reflecting a decline of 5.6 points or 3.16%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 4.24% during this period. Today's trading saw the stock reach an intraday low of Rs 170.25, and it is trading below all key moving averages, indicating a bearish trend. Despite the company reporting positive results over the last three quarters, including a significant growth in PAT and net sales, it faces challenges such as operating losses and a high debt-to-EBITDA ratio, which contribute to its weak long-term fundamental strength. Additionally, the increase in pledged promoter shares adds further downward pressure on the stock.
In the broader market context, Valor Estate's short-term performance contrasts with the benchmark, as it has gained 1.27% over the past week while the Sensex has declined by 1.18%. However, the stock's longer-term performance has been disappointing, with a year-to-date return of -0.75% compared to the Sensex's gain of 4.58%. The construction and real estate sector has also faced a downturn, falling by 2.38%, which may be impacting investor sentiment and participation in Valor Estate. Overall, the combination of poor recent performance, high debt levels, and sector-wide challenges has contributed to the stock's decline.