Why is D B Corp falling/rising?

As of 23-Jul, D B Corp Ltd's stock price is currently at Rs 281.55, reflecting a decrease of Rs 4.25 or 1.49%. The stock has underperformed its sector by 1.41% today and has experienced a trend reversal, falling after two consecutive days of gains. It touched an intraday low of Rs 276.8, which is a decline of 3.15%. Despite this drop, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating some underlying strength. However, the stock has generated a negative return of -18.15% over the past year, coinciding with a significant profit decline of 28.1%. On a positive note, the company boasts a high dividend yield of 6% and has seen rising promoter confidence, with a 0.6% increase in their stake, suggesting optimism about the company's future.
In the broader market context, D B Corp's short-term performance has been relatively stable, with a 1-week return of +0.02% compared to the Sensex's +0.11%. However, the stock's year-to-date performance is notably poor at -6.12%, contrasting sharply with the Sensex's gain of +5.87%. This divergence highlights the challenges D B Corp faces in the current market environment, despite its strong market position and liquidity. The company's substantial market capitalization of Rs 5,094 crore and its significant share of the sector at 27.58% indicate its importance in the industry, yet the recent price movement reflects investor caution amid declining profits and overall market trends.