Why is Dam Capital Advi falling/rising?

As of 04-Aug, Dam Capital Advisors Ltd is currently priced at 220.80, reflecting an increase of 3.79 or 1.75%. Today's price summary indicates that the stock has gained after three consecutive days of decline, reaching an intraday high of Rs 221.45. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend overall. The stock's performance over the past week shows a modest gain of 0.96%, but it has significantly underperformed over the past month with a decline of 14.63%. The company has faced challenges, including a notable drop in net sales of 15.75% and negative results for the last two quarters, which have contributed to a very expensive valuation with a Price to Book Value of 6. Despite a strong long-term return on equity of 39.70% and healthy growth in net sales and operating profit historically, the recent financial performance has raised concerns among investors.
In the broader market context, while Dam Capital Advisors has experienced a slight uptick in the short term, its performance is still considerably weaker than the benchmark Sensex, which has only declined by 2.89% over the same month. The falling participation from institutional investors, who have reduced their stake by 2.34%, further indicates a lack of confidence in the stock's future performance. This decline in institutional interest, combined with the company's recent negative financial results, suggests that investors remain cautious, impacting the stock's overall market perception.