Why is Dodla Dairy falling/rising?

As of 06-Nov, Dodla Dairy Ltd's stock price is currently at Rs 1,199.00, reflecting a decrease of Rs 44.75, or 3.6%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in an overall decline of 8.31% during this period. Today's trading saw the stock touch an intraday low of Rs 1,198.1, and it is trading below all key moving averages. Despite a rise in investor participation, with delivery volume increasing by 107.22% against the five-day average, the stock's performance over the past week and month has been negative, with declines of 8.04% and 11.51%, respectively. While the company has shown consistent returns over the last three years and has a low debt-to-equity ratio, concerns about poor long-term growth and reducing promoter confidence, as evidenced by a decrease in their stake, may be contributing to the stock's recent downward trend.
In the broader market context, the Sensex has only declined by 1.30% over the past week, indicating that Dodla Dairy's performance is significantly worse than the overall market. The stock's year-to-date performance shows a decline of 5.33%, contrasting with the Sensex's gain of 6.62%, further highlighting its underperformance. Although the stock has generated a modest return of 2.92% over the past year, the company's operating profit growth has been relatively flat, and the recent flat results reported in September may have added to investor concerns. Overall, the combination of negative sentiment surrounding the stock and its poor short-term performance compared to the benchmark suggests a challenging environment for Dodla Dairy Ltd.