Why is Devyani Intl. falling/rising?

As of 07-Nov, Devyani International Ltd is experiencing a decline in its stock price, currently at Rs 148.00, which reflects a decrease of Rs 7.65 or 4.91%. The stock has been underperforming significantly, having lost 11.83% over the last six days and is trading below all key moving averages. Additionally, the stock's performance over the past week shows a decline of 8.56%, while it has generated a negative return of 18.52% year-to-date. The company's recent financial results have been disappointing, with a substantial drop in profits and a high debt-to-equity ratio, contributing to a weak long-term fundamental outlook. The stock is also trading at a discount compared to its peers, but this has not translated into positive price movement.
In the broader market context, the Sensex has shown a relatively stable performance with a slight decline of 0.86% over the past week, contrasting with Devyani International's significant drop. This indicates that the company's struggles are more pronounced than the market's overall trends. The stock's consistent underperformance against the benchmark over the last three years, coupled with a high institutional holding of 26.31%, suggests that while institutional investors may have confidence in the company's long-term potential, the immediate outlook remains bleak due to the recent negative financial results and declining investor participation.