Why is Balrampur Chini falling/rising?

As of 22-Sep, Balrampur Chini Mills Ltd is experiencing a decline in its stock price, currently at 504.75, down by 4.85 points or 0.95%. The stock has underperformed its sector by 0.4% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 2.3%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, the stock has generated a return of -14.98% over the past year, with profits falling by 21.2%. Despite a fair valuation and high institutional holdings at 40.01%, the overall performance has been lackluster, contributing to the recent price decline.
In the broader market context, Balrampur Chini's short-term performance has been notably weaker compared to the Sensex, which has gained 0.46% over the past week while the stock itself has dropped by 2.46%. This underperformance is compounded by a significant decrease in investor participation, with delivery volumes falling by 34.61% against the 5-day average. The company's long-term growth prospects appear poor, with operating profit declining at an annual rate of -4.22% over the last five years, further exacerbating the negative sentiment surrounding the stock. Overall, these factors indicate a challenging environment for Balrampur Chini, leading to its current price decline.