Why is Aditya Bir. Fas. falling/rising?

As of 16-Jul, Aditya Birla Fashion & Retail Ltd's stock price is currently at 76.30, reflecting a decrease of 0.73, or 0.95%. The stock has underperformed its sector today by 2.49%. In terms of recent performance, the stock has shown a decline of 3.17% over the past week, while it has increased by 1.81% over the past month. However, the year-to-date performance is significantly negative, with a drop of 72.73%. The company has high institutional holdings at 36.83%, which indicates that these investors may have a better understanding of the company's fundamentals. Unfortunately, the stock faces challenges due to weak long-term fundamental strength, as evidenced by a -196.48% CAGR growth in operating profits over the last five years and a high debt-to-EBITDA ratio of 5.12 times, leading to negative returns on equity and reported losses.
In the broader market context, the stock's performance has been notably poor compared to the benchmark, with a staggering decline of 76.96% over the past year, while the Sensex has gained 2.38% in the same period. This stark contrast highlights the stock's underperformance not only in the long term but also in the near term, as it has consistently lagged behind the BSE500 index. Despite a recent increase in investor participation, as indicated by an 86.27% rise in delivery volume, the overall sentiment remains cautious due to the company's negative operating profits and flat results reported in the latest six months.