Why is Delta Corp falling/rising?

As of 05-Sep, Delta Corp Ltd. is experiencing a decline in its stock price, currently at Rs 84.99, reflecting a decrease of Rs 2.31 or 2.65%. The stock has underperformed its sector by 2.55% today and has been on a downward trend for the last two days, accumulating a total drop of 10.75%. Additionally, Delta Corp's performance over the past year shows a significant decline of 35.44%, with profits also falling by 15.5%. The stock is trading below all key moving averages, indicating a bearish sentiment. Despite a low debt-to-equity ratio and attractive valuation metrics, the company's poor long-term growth, highlighted by a negative annual operating profit growth rate and disappointing quarterly results, contributes to the stock's recent struggles.
In the broader market context, Delta Corp's short-term return of 0.12% over the past week contrasts with the Sensex, which has gained 1.13% in the same period. This consistent underperformance against the benchmark over the last three years, coupled with a significant decline in both one-year and three-year returns, underscores the challenges the company faces in attracting investor confidence. The stock's liquidity remains adequate, but the overall negative sentiment surrounding its financial performance and growth prospects continues to weigh heavily on its price movement.