Why is Balrampur Chini falling/rising?

As of 28-Aug, Balrampur Chini Mills Ltd is experiencing a decline in its stock price, currently at Rs 550.65, reflecting a decrease of Rs 6.65 or 1.19%. The stock has underperformed its sector by 1.06% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 6.61% during this period. Additionally, the stock's performance over the past week shows a decrease of 5.86%, while it has fallen by 6.65% over the past month. Despite a higher than average delivery volume indicating rising investor participation, the stock's moving averages suggest it is currently lower than the 5-day, 20-day, 50-day, and 100-day averages, which may indicate bearish sentiment. The company has also reported a significant profit decline of 21.2% over the past year, contributing to negative investor sentiment.
In the broader market context, Balrampur Chini's recent performance contrasts with the Sensex, which has seen a decline of only 2.34% over the past week. While the stock has shown a year-to-date return of 3.91%, it has underperformed the benchmark's 2.48% return. The company's high institutional holdings at 40.01% suggest that knowledgeable investors are closely monitoring its fundamentals, yet the poor long-term growth, indicated by a -4.22% annual operating profit growth over the last five years, raises concerns. The negative financial results reported for June, including a significant increase in interest expenses and a decline in profit before tax and profit after tax, further exacerbate the stock's downward pressure, leading to its current price movement.