Why is Dilip Buildcon falling/rising?

As of 28-Aug, Dilip Buildcon Ltd. is experiencing a decline in its stock price, currently at Rs 463.60, reflecting a decrease of Rs 6.45 or 1.37%. The stock has underperformed its sector by 0.95% today and has been on a consecutive downward trend for the last two days, with a total drop of 2.36%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past year, the stock has generated a return of -17.76%, significantly underperforming the benchmark Sensex, which has seen a decline of only 2.08%. Despite a notable increase in profits by 135.9% over the same period, the stock's performance has been hindered by a high Debt to EBITDA ratio and a decrease in promoter holding, which now stands at 63.14%.
In the broader market context, Dilip Buildcon's short-term performance has been weaker than the benchmark, with a 1-week return of -4.21% compared to the Sensex's -2.34%. This underperformance is compounded by weak long-term fundamentals, including a low average Return on Capital Employed (ROCE) and sluggish growth in net sales and operating profit over the last five years. The stock's liquidity remains adequate for trading, but the significant drop in delivery volume suggests a lack of investor confidence. Overall, the combination of declining stock performance, weak fundamentals, and reduced promoter confidence has contributed to the stock's recent downward movement.