Why is Bannari Amm.Sug. falling/rising?

As of 15-Jul, Bannari Amman Sugars Ltd is experiencing a decline in its stock price, currently at 3,688.30, which reflects a decrease of 54.7 points or 1.46%. The stock has underperformed its sector by 2.16% today and has been on a consecutive fall for the last two days, resulting in a total decline of 2.22%. Over the past week, the stock has decreased by 4.72%, contrasting with a 1.10% gain year-to-date and an impressive 11.26% increase over the past year. However, the company has shown weak long-term fundamental strength, with a -1.75% CAGR growth in operating profits over the last five years and a significant drop in net sales and profit after tax in the latest six months. Additionally, the stock's return on equity is low at 5.9%, and domestic mutual funds hold no stake in the company, indicating a lack of confidence in its valuation.
In the broader market context, the stock's recent performance has been weaker compared to the benchmark, as it has fallen 4.72% over the past week while the Sensex has only decreased by 1.36%. This underperformance is further highlighted by the stock trading below all its moving averages, suggesting a bearish trend. Despite its strong performance over the past year, the recent declines in profitability and the lack of investment from domestic mutual funds may be contributing to negative sentiment around the stock, leading to its current price drop.