Why is Dilip Buildcon falling/rising?

As of 17-Nov, Dilip Buildcon Ltd. is experiencing a decline in its stock price, currently at 456.25, which reflects a decrease of 9.55 points or 2.05%. The stock has underperformed its sector by 3.39% today and has been on a downward trend for the last two days, accumulating a total loss of 3.99%. It has also traded below its moving averages across various time frames, indicating a bearish sentiment. Despite a year-to-date return of 1.68%, the stock has shown a negative performance over the past week and month, with declines of 4.33% and 6.63%, respectively. The recent decrease in promoter holding to 63.14% may also contribute to investor concerns, despite the company's attractive valuation metrics such as a ROCE of 11.7 and a PEG ratio of 0.6.
In the broader market context, while the Sensex has gained 1.69% over the past week, Dilip Buildcon's performance has lagged significantly, highlighting its struggles in comparison to the benchmark. The company's long-term fundamentals appear weak, with a low growth rate in net sales and a high Debt to EBITDA ratio, which raises concerns about its ability to service debt. Although the stock is trading at a discount compared to its peers, the recent negative financial results, including a significant drop in profit before tax, have likely influenced investor sentiment negatively, contributing to the stock's current decline.