Why is Dalmia Bharat falling/rising?

As of 20-Aug, Dalmia Bharat Sugar & Industries Ltd is experiencing a price increase, currently at Rs 367.40, reflecting a rise of 11.4 points or 3.2%. The stock has shown a positive trend recently, gaining 4.94% over the past week and outperforming its sector by 1.96% today. It has been on a consecutive gain streak for four days, with an intraday high of Rs 369.8. Despite a year-to-date return of 1.10%, the stock has faced challenges, including a 14.35% decline over the past year. The company has a low Debt to EBITDA ratio of 1.10, indicating a strong ability to service its debt, and its profits have increased by 43.7% over the past year, contributing to a favorable PEG ratio of 0.3. However, the stock has also been marked by poor long-term growth, with operating profit declining at an annual rate of -3.98% over the last five years.
In the broader market context, Dalmia Bharat's recent performance contrasts with the benchmark, as it has outperformed the Sensex by a significant margin in the short term, gaining 4.94% compared to the Sensex's 1.64% over the past week. However, the stock's long-term performance remains concerning, with consistent underperformance against the benchmark over the last three years. The limited interest from domestic mutual funds, holding only 0.01% of the company, may indicate a lack of confidence in the stock's valuation or business prospects. Overall, while the recent price movement is positive, the underlying fundamentals and market sentiment present a mixed picture for Dalmia Bharat Sugar & Industries Ltd.