Why is Devyani Intl. falling/rising?

As of 05-Aug, Devyani International Ltd is experiencing a decline in its stock price, currently at 161.25, which represents a decrease of 2.45 or 1.5%. The stock has underperformed its sector today by 1.37%, with trading activity showing more volume near the low price. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 3.30%, and it has seen a significant drop of 11.23% year-to-date. Despite having a relatively attractive valuation with a return on capital employed (ROCE) of 5.9 and a low enterprise value to capital employed ratio, the stock's profits have plummeted by 77.4% over the past year, contributing to its negative performance.
In the broader market context, the stock's recent performance has been notably weaker than the benchmark, with a year-to-date return of -11.23% compared to the Sensex's gain of 3.29%. This consistent underperformance against the benchmark over the last three years, coupled with a high debt to EBITDA ratio of 3.34 times, indicates weak long-term fundamental strength. The company has also reported flat results in its latest quarter, with significant declines in profit before tax and profit after tax compared to previous averages. These factors, combined with falling investor participation and a high institutional holding of 27.5%, suggest that while institutional investors may have confidence in the company's fundamentals, the overall market sentiment remains negative, leading to the stock's decline.