Why is Dalmia Bharat falling/rising?

As of 03-Nov, Dalmia Bharat Sugar & Industries Ltd is experiencing a decline in its stock price, currently at Rs 330.10, which reflects a decrease of Rs 16.3 or 4.71%. The stock has been underperforming significantly, with a consecutive fall over the last five days resulting in a total return of -10.86%. Today's performance indicates that it has underperformed its sector by 5.25%, and it has been trading below all key moving averages. Additionally, there has been a drastic drop in investor participation, with delivery volume plummeting by 98.74% compared to the five-day average. Despite a strong ability to service debt and an attractive valuation relative to peers, the stock's negative trajectory is compounded by poor long-term growth, as evidenced by a -3.98% annual decline in operating profit over the last five years and a significant drop in pre-tax profit.
Broader market context shows that while Dalmia Bharat has generated a return of -30.12% over the past year, the benchmark Sensex has increased by 5.34% during the same period. This stark contrast highlights the stock's underperformance not just in the short term but also in the long term, where it has lagged behind broader market indices. The company's low domestic mutual fund ownership, at only 0.01%, suggests a lack of confidence among institutional investors, further indicating potential concerns about its business prospects. Overall, the combination of declining stock performance, poor investor sentiment, and unfavorable financial metrics contributes to the ongoing downward trend in Dalmia Bharat's stock price.