Why is Bengal & Assam falling/rising?

As of 04-Jul, Bengal & Assam Company Ltd is experiencing a price increase, currently at 8,330.00, with a change of 30.0, which represents a 0.36% rise. The stock's performance today is in line with its sector, and it is trading higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Despite this positive movement, there is a concerning trend of falling investor participation, as the delivery volume has decreased significantly by 85.66% compared to the 5-day average. Over the past week, the stock has shown a modest gain of 0.39%, while it has performed well over the past month with a return of 14.85%. However, the stock has faced challenges, including a poor long-term growth outlook with net sales declining at an annual rate of -28.14% and negative results reported for the last five consecutive quarters.
In the broader market context, Bengal & Assam's short-term return of +0.39% over the past week contrasts with the Sensex, which has decreased by 0.74% during the same period. While the stock has demonstrated strong long-term fundamental strength with an average return on equity of 15.18%, it is weighed down by significant negative factors, including a drastic fall in net sales and operating profit. The company's valuation appears expensive given its declining profits, which have fallen by -44.6% over the past year. Additionally, the minimal stake held by domestic mutual funds, at only 0.01%, suggests a lack of confidence in the stock's current price or business prospects, further contributing to the stock's mixed performance in the market.