Why is Bajaj Hindusthan falling/rising?

As of 10-Jul, Bajaj Hindusthan Sugar Ltd is currently priced at 27.89, reflecting a decline of 0.55, or 1.93%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 4.22% during this period. Additionally, the stock's performance today has lagged behind its sector by 2.09%. Despite a positive trend over the past month with a return of 10.59%, the stock has seen a significant decline of 32.68% over the past year. Notably, the company's operating profit to interest ratio is at its highest, and cash reserves are strong, indicating solid financial health, yet the stock's recent price movement suggests a lack of investor confidence, as evidenced by a 35.92% drop in delivery volume compared to the five-day average.
In the broader market context, the stock's short-term performance of +1.01% over the past week contrasts with the Sensex, which has seen a slight decline of 0.06%. While Bajaj Hindusthan has outperformed the benchmark in the short term, its year-to-date performance shows a decline of 8.17%, significantly underperforming the Sensex's gain of 6.46%. This disparity highlights the challenges faced by the stock despite its attractive valuation metrics and rising profits. The overall market sentiment appears to be weighing on the stock, contributing to its recent price decline.