Why is Dollex Agrotech falling/rising?

As of 24-Sep, Dollex Agrotech Ltd's stock price is currently at 42.05, reflecting a decrease of 0.25, or 0.59%. The stock has underperformed its sector today, and while it is higher than the 20-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day moving average. The delivery volume has also fallen significantly, down by 28.57% compared to the 5-day average, indicating a decline in investor participation. Over the past week, the stock has decreased by 1.87%, but it has shown a positive return of 2.06% over the past month. However, the stock has experienced a notable decline of 13.30% over the past year, despite an 18% increase in profits during that time. Additionally, promoter holding has decreased to 54.2%, which may contribute to negative sentiment around the stock.
In the broader market context, Dollex Agrotech's recent performance has been weaker than the benchmark, with the Sensex showing a decline of only 1.08% over the past week. This consistent underperformance against the benchmark over the last three years, combined with weak long-term fundamental strength indicated by a low Return on Capital Employed (ROCE) of 8.46% and a high Debt to EBITDA ratio of 6.02 times, suggests that the stock may face challenges in attracting investors. The stock's expensive valuation, with an Enterprise value to Capital Employed ratio of 1.5, further complicates its outlook, leading to a cautious stance among potential buyers.