Why is Valor Estate falling/rising?

As of 17-Oct, Valor Estate Ltd's stock price is currently at Rs 151.90, reflecting a decline of Rs 2.95 or 1.91%. The stock has underperformed its sector by 2.05% today and has experienced a trend reversal, falling after two consecutive days of gains. It touched an intraday low of Rs 151.35, indicating a 2.26% drop. Valor Estate has shown poor performance over the past week, with a return of -5.24%, and has underperformed the benchmark Sensex, which gained 1.76% in the same period. Despite declaring positive results for the last three consecutive quarters, including a significant growth in PAT and the highest 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.
In the broader market context, Valor Estate's recent performance contrasts sharply with the Sensex, which has shown positive returns. The stock's year-to-date return stands at -12.22%, while the Sensex has increased by 7.44%. Additionally, the stock's liquidity is adequate for trading, but a significant drop in delivery volume by 48.03% against the five-day average suggests declining investor interest. The increase in pledged promoter shares, now at 37.3%, adds further downward pressure in a falling market, indicating a lack of confidence among investors. Overall, the combination of weak fundamentals, poor recent performance, and negative market sentiment has led to the stock's decline.