Why is Balrampur Chini falling/rising?

As of 26-Aug, Balrampur Chini Mills Ltd is experiencing a decline in its stock price, currently at Rs 557.30, which reflects a decrease of Rs 32.3 or 5.48%. Today's performance indicates that the stock has underperformed its sector by 3.35%, reaching an intraday low of Rs 551, which is a drop of 6.55%. The stock's recent returns show a 1-week decline of 3.36% and a 1-month decline of 5.42%, while it has generated a year-to-date return of 5.16%. Despite a high institutional holding of 40.01%, which suggests confidence from larger investors, the stock's profits have fallen by 21.2% over the past year, contributing to its negative performance.
In the broader market context, the Sensex has only declined by 1.05% over the past week, indicating that Balrampur Chini's short-term performance is significantly worse than the benchmark. The sugar sector itself has also seen a decline of 2.31%, which may be influencing the stock's movement. Additionally, the company's operating profit has decreased at an annual rate of 4.22% over the last five years, raising concerns about long-term growth potential. The recent negative financial results, including a 26.5% drop in profit after tax for the latest quarter, further exacerbate the stock's downward trend.