Why is Dalmia Bharat falling/rising?

As of 18-Nov, Dalmia Bharat Sugar & Industries Ltd is experiencing a decline in its stock price, currently at Rs 313.05, which reflects a decrease of Rs 5.5 or 1.73%. The stock has underperformed its sector today by 1.28%, having touched an intraday low of Rs 312. Over the past week, the stock has decreased by 2.32%, and it has shown a significant decline of 12.24% over the past month. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. Despite a strong ability to service debt with a low Debt to EBITDA ratio of 1.03 times, the company has faced challenges, including poor long-term growth with an annual operating profit decline of 4.80% over the last five years and a low return on equity of 9. The stock's valuation appears expensive compared to its peers, contributing to its downward pressure.
In the broader market context, the Sensex has increased by 0.96% over the past week, contrasting sharply with Dalmia Bharat's decline. This underperformance is further highlighted by the stock's negative returns over various periods, including a 22.73% drop over the last year, while the benchmark has gained 9.48%. The lack of confidence from domestic mutual funds, which hold only 0.01% of the company, may indicate discomfort with the current price or business outlook. Overall, the combination of poor recent performance, high valuation concerns, and weak investor sentiment has contributed to the stock's decline in the current market environment.