Why is Devyani Intl. falling/rising?

As of 06-Aug, Devyani International Ltd's stock price is currently at 160.70, reflecting a decrease of -0.45, or -0.28%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of -1.83%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by -2.49%, and in the last month, it has dropped by -7.11%. Despite a rise in delivery volume by 20.64% compared to the 5-day average, the stock's overall performance has been poor, with a significant -10.72% return over the past year and a concerning -77.4% drop in profits. The company's weak long-term fundamentals, highlighted by a -1.37% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 3.34, further contribute to the negative sentiment surrounding the stock.
In the broader market context, Devyani International Ltd has underperformed the benchmark Sensex, which has shown a positive return of +3.08% year-to-date, while the stock itself has declined by -11.53% in the same period. This consistent underperformance against the benchmark, coupled with the company's flat results and high institutional holdings, suggests that investor confidence is waning. The stock's attractive valuation compared to peers does not seem to be enough to offset the negative outlook stemming from its declining profitability and inability to service debt effectively. Overall, the combination of these stock-specific factors and the unfavorable market context indicates that the stock is facing significant downward pressure.