Why is Valor Estate falling/rising?

As of 29-Sep, Valor Estate Ltd is experiencing a decline in its stock price, currently at Rs 161.85, which represents a decrease of Rs 3.45 or 2.09%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 9.98% during this period. Today's trading saw the stock reach an intraday high of Rs 168.9 but also dip to a low of Rs 161. The stock is trading below all key moving averages, indicating a bearish trend. Despite declaring positive results in the last three quarters, including a significant growth in PAT and net sales, the company 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 downward pressure on the stock price.
In the broader market context, Valor Estate's performance has been notably poor compared to the Sensex, with a one-week return of -9.76% against the benchmark's -2.18%. Over the past year, the stock has declined by 16.05%, while the Sensex has only fallen by 6.08%. This stark contrast highlights the stock's struggles in a generally challenging market environment. The recent drop in investor participation, with a significant decrease in delivery volume, further exacerbates the stock's downward trajectory, indicating a lack of confidence among investors. Overall, the combination of negative financial indicators and poor market performance contributes to the stock's current decline.