Why is Bombay Burmah falling/rising?

As of 26-Aug, Bombay Burmah Trading Corporation Ltd's stock price is currently at Rs 1,765.00, reflecting a decrease of Rs 35.5 or 1.97%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total decline of 5.42% during this period. It is trading below all its moving averages, indicating a bearish trend. Additionally, the stock has shown poor performance over various time frames, with a year-to-date decline of 16.69% and a one-year drop of 30.42%. The company's financial health is concerning, as evidenced by a low operating cash flow and a significant drop in profit after tax, which has fallen by 15% compared to the previous four-quarter average. Despite a low debt-to-equity ratio, the stock's valuation appears expensive relative to its return on equity and price-to-book value, contributing to investor hesitance.
In the broader market context, the stock has underperformed compared to the Sensex, which has seen a slight decline of 1.05% over the past week, while Bombay Burmah's stock has dropped by 5.16% in the same period. This trend reflects a lack of confidence among investors, as indicated by the low stake held by domestic mutual funds, which may suggest discomfort with the current price or business outlook. The overall market has also been challenging, with the BSE500 index generating negative returns of 3.87% over the last year, yet Bombay Burmah's performance has been significantly worse, highlighting its struggles in a declining market environment.