Why is Dalmia Bharat falling/rising?

As of 23-Sep, Dalmia Bharat Sugar & Industries Ltd is experiencing a decline in its stock price, currently at Rs 367.45, which represents a decrease of 4.5 or 1.21%. The stock has been on a downward trend, losing value for the last three consecutive days and showing a total decline of 1.9% during this period. Although it opened the day with a gain of 4.69% and reached an intraday high of Rs 389.4, it has been trading below its moving averages across various time frames. The stock's performance over the past year has been particularly poor, with a return of -27.73%, despite a significant increase in profits by 43.7%. The company's low Debt to EBITDA ratio indicates a strong ability to service debt, but the long-term growth outlook is hampered by a negative annual operating profit growth rate of -3.98% over the last five years.
In the broader market context, Dalmia Bharat's recent performance has been underwhelming compared to the benchmark Sensex, which has shown a slight decline of 0.34% over the past week while Dalmia Bharat fell by 0.60%. The stock's underperformance is further highlighted by its negative returns over the last month and year, contrasting sharply with the Sensex's positive return of 0.98% in the last month and 5.07% year-to-date. The limited interest from domestic mutual funds, holding only 0.01% of the company, suggests a lack of confidence in the stock's valuation or business prospects, contributing to its overall negative sentiment in the market.