Why is Bannari Amm.Sug. falling/rising?

As of 21-Aug, Bannari Amman Sugars Ltd is experiencing a decline in its stock price, currently at 3,703.45, reflecting a decrease of 41.55 points or 1.11%. The stock has underperformed its sector significantly today, with a performance that is 99.92% lower than the sector average. Additionally, it is trading below all its moving averages, indicating a bearish trend. Despite a positive year-to-date return of 1.52% and a notable 19.47% increase over the past year, the company's recent financial performance has raised concerns, particularly with a -1.49% CAGR growth in operating profits over the last five years and a significant drop in profitability metrics in the latest quarter.
In the broader market context, the stock's short-term performance has been negative, with a 1.17% decline over the past week, while the benchmark Sensex has gained 1.74% during the same period. This underperformance is compounded by the company's weak long-term fundamentals, as evidenced by a low return on equity of 6.4 and a high price-to-book value ratio of 2.6, suggesting that the stock may be overvalued relative to its earnings potential. Furthermore, the lack of domestic mutual fund investment, which stands at 0%, indicates a lack of confidence from institutional investors, potentially contributing to the stock's downward pressure.