Why is Dabur India falling/rising?

As of 11-Aug, Dabur India Ltd. is currently priced at 509.85, reflecting an increase of 2.55, or 0.5%. The stock's performance today is in line with its sector, although it has shown a decline of 3.70% over the past week and 4.06% over the past month. Despite being higher than the 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day and 20-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 89.75% compared to the 5-day average. While the company boasts a high management efficiency with a return on equity (ROE) of 19.54% and a low debt-to-equity ratio, it has struggled with poor long-term growth, as evidenced by a net sales growth rate of only 8.45% over the past five years and a decline in profits of 5.2% over the last year.
In the broader market context, Dabur India has underperformed against the benchmark, with a return of -18.46% over the past year compared to a 1.13% gain in the Sensex. This consistent underperformance over the last three years, coupled with flat results reported in June, raises concerns about the stock's valuation, which is considered expensive at a price-to-book value of 8.4. While high institutional holdings at 28.08% may provide some stability, the overall sentiment remains cautious due to the company's lack of growth and declining profits, contributing to the stock's recent price movements.