Why is Delta Corp falling/rising?

As of 29-Aug, Delta Corp Ltd. is experiencing a decline in its stock price, currently at Rs 84.89, which reflects a decrease of 3.06 (-3.48%). Today's performance indicates that the stock has underperformed its sector by 2.74%, and it has fallen after two consecutive days of gains. The stock touched an intraday low of Rs 84.29, marking a drop of 4.16%. Additionally, Delta Corp is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock has shown a significant underperformance over the past year, with a return of -37.21%, and its profits have declined by 15.5%. Despite having a low debt-to-equity ratio and an attractive valuation, the company's operating profit has seen a negative growth rate over the last five years, contributing to the stock's recent downward movement.
In the broader market context, Delta Corp's short-term return of -3.56% over the past week contrasts with the Sensex, which has decreased by only 1.84%. This consistent underperformance against the benchmark is evident over the last three years, where the stock has generated negative returns while the broader market has seen gains. The decline in investor participation, with a 39.11% drop in delivery volume compared to the 5-day average, further exacerbates the stock's liquidity issues. Overall, the combination of poor financial performance, negative growth indicators, and a lack of investor confidence has contributed to the stock's current downward trajectory.