Why is Andhra Sugars falling/rising?

As of 03-Jul, Andhra Sugars Ltd is currently priced at 83.09, reflecting a slight increase of 0.19 (0.23%). The stock has outperformed its sector today by 0.69%, although it has shown a mixed performance in the past week with a decline of 0.59%. Over the last month, the stock has increased by 7.92%, contrasting with a year-to-date decline of 13.90%. Despite being higher than the 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average. The company has a low Debt to Equity ratio, which is generally favorable, but it faces challenges such as poor management efficiency indicated by a low Return on Equity (ROE) of 9.36% and a significant decline in operating profit over the last five years. Additionally, domestic mutual funds hold no stake in the company, suggesting a lack of confidence in its valuation.
In the broader market context, the Sensex has experienced a slight decline of 0.62% over the past week, indicating that Andhra Sugars' performance is somewhat in line with the market trend. However, the stock's year-to-date performance is significantly worse than the benchmark, which has gained 6.53% during the same period. This consistent underperformance against the benchmark over the last three years, coupled with a substantial drop in profits and low investor participation, reflects ongoing concerns about the company's long-term growth prospects and overall market sentiment towards it.