Why is Bengal & Assam falling/rising?

As of 01-Aug, Bengal & Assam Company Ltd is experiencing a decline in its stock price, currently at 8,149.95, which reflects a decrease of 49.95 or 0.61%. The stock has recently outperformed its sector by 0.87%, but it has fallen after two consecutive days of gains. It has traded within a narrow range of Rs 80.05, and while it is above the 50-day and 100-day moving averages, it remains below the 5-day, 20-day, and 200-day moving averages. The stock's performance over the past week shows a decline of 0.97%, and over the past month, it has decreased by 1.81%. The company's long-term fundamentals are strong, with an average Return on Equity (ROE) of 15.18%. However, it faces significant challenges, including a poor long-term growth outlook, as evidenced by a -28.14% annual growth rate in net sales and negative results reported for the last five consecutive quarters.
In the broader market context, the stock's short-term performance is slightly better than the benchmark Sensex, which has declined by 1.06% over the past week and 3.70% over the past month. Despite the stock's recent outperformance relative to its sector, the overall negative sentiment surrounding the company's financial health, including a drastic fall in net sales and profits, has contributed to its current price decline. Additionally, the low stake held by domestic mutual funds, at only 0.01%, may indicate a lack of confidence in the company's valuation and future prospects, further impacting investor sentiment negatively.