Why is Dalmia BharatLtd falling/rising?

As of 03-Nov, Dalmia Bharat Ltd's stock price is currently at Rs 2,082.60, reflecting a decrease of Rs 13.7 or 0.65%. The stock has been underperforming, having fallen for three consecutive days, resulting in a total decline of 2.3% during this period. Although it opened with a gain of 3.49% today and reached an intraday high of Rs 2,169.55, the overall performance has been lackluster, with a weighted average price indicating more volume traded closer to the low price. The stock's performance over the past week shows a decline of 0.48%, while it has significantly underperformed the benchmark Sensex, which has increased by 3.41% over the past month. Despite a low debt-to-equity ratio and positive results in the last three quarters, the stock's recent movement has been negatively impacted by falling investor participation, as evidenced by a 22.21% drop in delivery volume compared to the five-day average.
In the broader market context, Dalmia Bharat Ltd's short-term performance has lagged behind the Sensex, which has shown a positive return of 3.41% over the past month, while the stock itself has declined by 7.67%. This underperformance may be attributed to a combination of factors, including a recent trend of declining investor interest and liquidity issues, despite the company maintaining a strong institutional holding of 26.71%. The presence of institutional investors, who tend to have better analytical capabilities, could provide some stability; however, their increased stake of 0.97% over the previous quarter has not been enough to counteract the recent downward pressure on the stock price.