Why is Dam Capital Advi falling/rising?

As of 11-Sep, Dam Capital Advisors Ltd is experiencing a decline in its stock price, currently at Rs 223.90, which reflects a decrease of Rs 4.4 or 1.93%. Today's price summary indicates that the stock has underperformed its sector by 1.82%, touching an intraday low of Rs 223.05. The stock's performance over the past week shows a slight increase of 0.25%, but it has significantly underperformed year-to-date with a decline of 41.31%. The company has reported negative results in the last two consecutive quarters, with a notable fall in net sales by 15.75% and a drastic drop in profit before tax. Despite a strong long-term return on equity of 39.70%, the stock is considered expensive with a price-to-book value of 6.1, which may deter investors.
In the broader market context, while the Sensex has increased by 1.03% over the past week, Dam Capital Advisors Ltd's performance has lagged behind, indicating a weaker market sentiment towards the stock. The company's declining participation from institutional investors, who have reduced their stake by 2.34%, further suggests a lack of confidence in its fundamentals compared to the overall market. The stock's liquidity remains adequate, but the negative financial results and high valuation metrics are likely contributing to its downward price movement amidst a generally positive market environment.