Why is Bengal & Assam falling/rising?

As of 28-Jul, Bengal & Assam Company Ltd is experiencing a decline in its stock price, currently at Rs 8,161.10, which reflects a decrease of Rs 68.9 or 0.84%. The stock has underperformed in the short term, with a 1-week return of -0.60% and a 1-month return of -1.65%. Today's performance indicates that the stock outperformed its sector by 0.53%, although it touched an intraday low of Rs 8,051.3, marking a decline of 2.17%. The stock is trading above its 50-day and 100-day moving averages but below its 5-day, 20-day, and 200-day moving averages. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by 52.92% compared to the 5-day average. The company has shown strong long-term fundamental strength with an average return on equity of 15.18%, but it faces challenges due to poor long-term growth, with net sales declining at an annual rate of -28.14% and operating profit decreasing by -13.29%.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has seen a 1-week decline of -1.59% and a 1-month decline of -3.77%. While Bengal & Assam has outperformed the sector today, its year-to-date performance is notably poor at -12.25%, compared to the Sensex's gain of +3.52%. The company's negative results over the last five consecutive quarters and a significant fall in net sales and profits have contributed to its declining stock price. Additionally, the low stake held by domestic mutual funds, at only 0.01%, suggests a lack of confidence in the company's valuation and business prospects, further impacting investor sentiment negatively.