Why is Valor Estate falling/rising?

As of 06-Nov, Valor Estate Ltd is experiencing a decline in its stock price, currently at 144.25, reflecting a decrease of 3.6 points or 2.43%. The stock has underperformed its sector by 0.54% today and has been on a downward trend for the last two days, with a total decline of 4.47% during this period. It reached an intraday low of Rs 142.55 and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite reporting positive results over 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.
In the broader market context, Valor Estate's recent performance has been notably poor, with a year-to-date return of -16.64%, significantly underperforming the Sensex, which has gained 6.62% during the same period. The stock's performance over the past year has also been disappointing, with a return of -18.09%, indicating a consistent trend of underperformance compared to the benchmark. The presence of pledged promoter shares adds further risk, potentially exerting additional downward pressure on the stock price in a declining market. Overall, the combination of weak operational performance and unfavorable market conditions has led to the stock's current decline.