Why is Bengal & Assam falling/rising?

As of 03-Jul, Bengal & Assam Company Ltd is experiencing a decline in its stock price, currently at 8,300.00, which reflects a decrease of 65.0 points or 0.78%. Today's price summary indicates that the stock has underperformed its sector by 0.26% and has seen a trend reversal after two consecutive days of gains. The stock's performance over the past week shows a positive return of 3.09%, while it has outperformed the benchmark Sensex, which has declined by 0.62%. However, the stock has a concerning long-term outlook, with negative results reported for the last five consecutive quarters, including a significant drop in net sales and operating profit. The company's return on equity (ROE) has also decreased, and despite its strong long-term fundamental strength, the poor growth rates and negative financial results are likely contributing to the current price decline.
In the broader market context, while Bengal & Assam's short-term performance has been positive compared to the Sensex, the overall year-to-date return shows a decline of 10.75%, contrasting with the Sensex's gain of 6.53%. This disparity highlights the stock's struggle in the current market environment, particularly as domestic mutual funds hold a minimal stake, indicating a lack of confidence in the company's valuation and business prospects. The stock's liquidity remains adequate for trading, but the significant drop in delivery volume suggests waning investor interest, further exacerbating the downward pressure on the stock price.