Why is Globus Spirits falling/rising?

As of 03-Sep, Globus Spirits Ltd is experiencing a decline in its stock price, currently at Rs 1,110.00, which reflects a decrease of Rs 88.0 or 7.35%. The stock has underperformed its sector by 8.04% today and has been on a downward trend for the last two days, accumulating a total return loss of 7.92%. It reached an intraday low of Rs 1,083, indicating significant volatility with a range of Rs 114.7. Over the past week, the stock has fallen by 10.66%, while its year-to-date performance remains positive at 27.46%. Despite a high management efficiency reflected in a ROCE of 15.81% and a low debt-to-equity ratio of 0.33, the stock has faced challenges, including a 63.6% decline in profits over the past year, which may contribute to investor concerns.
In the broader market context, the Sensex has only slightly declined by 0.27% over the past week, indicating that the stock's short-term performance is significantly worse than the benchmark. While the stock has shown strong long-term growth with a 461.60% increase over the past five years, its recent performance contrasts sharply with the benchmark's 106.63% increase in the same period. The falling investor participation, with a 14.39% drop in delivery volume, suggests a lack of confidence among investors, further exacerbating the stock's decline. Overall, the combination of recent poor performance, declining profits, and reduced investor interest has led to the current downward movement in Globus Spirits Ltd's stock price.