Why is Bajaj Hindusthan falling/rising?

As of 25-Jul, Bajaj Hindusthan Sugar Ltd is experiencing a decline in its stock price, currently at 25.07, which reflects a decrease of 0.5 or 1.96%. The stock has underperformed its sector by 0.71% today and has been on a consecutive downward trend for the last three days, resulting in a total loss of 3.58% during this period. Over the past week, the stock has fallen by 5.40%, while it has shown a slight increase of 2.91% over the past month. Despite a significant growth in profit after tax of 140% and a strong operating profit to interest ratio, the stock has faced challenges, including a weak long-term fundamental strength indicated by a -20.69% CAGR growth in operating profits over the last five years and a high debt to EBITDA ratio of 19.57 times. Additionally, the stock's performance has been negatively impacted by the fact that 100% of promoter shares are pledged, which can exert downward pressure in falling markets.
In the broader market context, Bajaj Hindusthan has significantly underperformed compared to the benchmark, with a year-to-date return of -17.45% against the Sensex's positive return of 4.25%. While the stock has shown impressive returns over the long term, such as a 321.34% increase over five years, its recent performance has been disappointing, particularly in the last year where it fell by 40.97% compared to the market's decline of only 0.19%. The falling investor participation, as evidenced by a 35.71% drop in delivery volume, further highlights the lack of confidence among investors, contributing to the stock's current downward trajectory.