Why is Balrampur Chini falling/rising?

As of 08-Aug, Balrampur Chini Mills Ltd is experiencing a decline in its stock price, currently at 544.45, reflecting a decrease of 7.65 points or 1.39%. The stock has underperformed its sector by 1.17% today and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has dropped by 3.47%, and in the last month, it has fallen by 8.86%. Despite a year-to-date return of 2.74% and a one-year return of 11.64%, the company's profits have decreased by 18.3%, which may be contributing to the negative sentiment surrounding the stock. Additionally, while institutional holdings are high at 40.01%, indicating confidence from larger investors, the long-term growth outlook appears poor, with operating profit declining at an annual rate of 1.74% over the last five years.
In the broader market context, the stock's recent performance contrasts with the benchmark, as the BSE500 has generated negative returns of 1.79% over the past year, while Balrampur Chini has managed to outperform with an 11.64% return. However, the stock's current decline suggests that investors are reacting to the recent flat results and increased debt levels, which may overshadow its past performance. The significant increase in delivery volume by 280.62% on August 7 indicates rising investor participation, but the overall market sentiment remains cautious due to the company's declining profits and poor long-term growth prospects.