Why is Dalmia Bharat falling/rising?

As of 04-Sep, Dalmia Bharat Sugar & Industries Ltd is experiencing a decline in its stock price, currently at Rs 381.50, reflecting a decrease of Rs 7.5 or 1.93%. Today's performance indicates that the stock has underperformed its sector by 0.43% and has fallen after three consecutive days of gains. The stock touched an intraday low of Rs 380, and the weighted average price suggests that more volume was traded closer to this low price. Over the past week, the stock has shown a positive return of 1.41%, while its one-year performance remains negative at -19.01%. Despite a strong ability to service debt and an attractive valuation relative to peers, the company has faced challenges such as a decline in operating profit and a significant drop in net profit for the recent quarter.
In the broader market context, while Dalmia Bharat's short-term return of 1.41% over the past week outperformed the Sensex's 0.80%, the stock has underperformed in the longer term, generating a -19.01% return over the past year compared to a -1.98% decline in the benchmark. The company's poor long-term growth prospects, indicated by a negative annual growth rate in operating profit and a lack of significant domestic mutual fund investment, further contribute to investor concerns. This combination of factors has led to a cautious sentiment around the stock, resulting in its recent price decline.