Why is Balmer Lawrie falling/rising?

As of 05-Sep, Balmer Lawrie & Company Ltd is experiencing a decline in its stock price, currently at 227.20, reflecting a decrease of 1.8 or 0.79%. The stock has been underperforming in the sector, with a performance today that is down by 0.76%. It has also faced consecutive losses over the last three days, resulting in a total drop of 2.15% during this period. Despite these recent declines, the stock has shown positive returns over the past week and month, with increases of 4.22% and 7.12%, respectively. The company maintains a high dividend yield of 3.7%, and its low debt-to-equity ratio and attractive valuation metrics suggest some underlying strength, although it is trading at a premium compared to its peers.
In the broader market context, Balmer Lawrie's recent performance contrasts with the benchmark Sensex, which has only increased by 1.13% over the past week. While the stock has outperformed the benchmark in the short term, its year-to-date return of 6.79% still lags behind the Sensex's 3.29%. The falling investor participation, indicated by a 16.41% drop in delivery volume, may also contribute to the stock's downward pressure. Overall, while the stock has shown resilience in certain metrics, the recent price movement reflects a combination of sector underperformance and declining investor interest.