Why is Avadh Sugar falling/rising?

As of 31-Jul, Avadh Sugar & Energy Ltd's stock price is currently at 460.85, reflecting a decrease of 5.9 points or 1.26%. The stock has been underperforming, having fallen consecutively for the last two days, with a total decline of 1.32% during this period. It has also touched an intraday low of Rs 456.7, indicating weakness in its price movement. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. Over the past year, the stock has generated a return of -28.31%, while profits have decreased by 31.4%. Additionally, the company's high Debt to EBITDA ratio of 4.48 times raises concerns about its ability to service debt, contributing to negative sentiment among investors.
In the broader market context, Avadh Sugar's short-term performance has been weaker than the benchmark, with a 1-week return of -1.79% compared to the Sensex's -1.22%. This consistent underperformance against the benchmark over the last three years, combined with a low level of domestic mutual fund investment, indicates a lack of confidence in the stock. The company's flat growth in net sales and operating profit over the past five years further exacerbates concerns about its long-term viability. Overall, the combination of poor financial metrics, declining investor participation, and a negative market sentiment has led to the stock's recent decline.