Why is Dam Capital Advi falling/rising?

As of 01-Sep, Dam Capital Advisors Ltd is currently priced at 218.10, reflecting a decline of 1.55, or 0.71%. The stock has been underperforming, having fallen for the last three consecutive days, resulting in a total decline of 1.89% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The company has reported negative results in recent quarters, with a significant drop in net sales of 15.75% and a staggering 99.1% decrease in profit before tax compared to previous averages. Despite a strong long-term return on equity of 39.7%, the stock is considered expensive with a price-to-book value of 5.9, which may deter investors. Furthermore, institutional investors have reduced their stakes, indicating a lack of confidence in the stock's performance.
In the broader market context, Dam Capital Advisors Ltd has underperformed the Sensex, with a 1-week return of -0.71% compared to the benchmark's -1.56%. While the stock has shown a slight positive return of 0.72% over the past month, its year-to-date performance is significantly worse, with a decline of 42.83% against the Sensex's increase of 2.85%. This stark contrast highlights the stock's struggles in attracting investor interest, particularly in light of falling participation from institutional investors who typically have more resources to assess company fundamentals.