Why is Avadh Sugar falling/rising?

As of 01-Sep, Avadh Sugar & Energy Ltd's stock price is currently at Rs 424.15, reflecting an increase of Rs 12.15 or 2.95%. Today's performance indicates that the stock has outperformed its sector by 2.58%, reaching an intraday high of Rs 424.15. However, despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has generated a return of -43.93%, with profits declining by -38.2%. Additionally, the company has a high Debt to EBITDA ratio of 4.48 times, indicating a low ability to service debt, which may contribute to investor caution. The limited stake held by domestic mutual funds, at only 0.03%, suggests a lack of confidence in the stock's valuation or business prospects.
In the broader market context, Avadh Sugar's short-term performance has been less favorable compared to the benchmark, with a 1-week return of -2.49% against the Sensex's -1.56%. The stock has consistently underperformed against the benchmark over the last three years, which may influence investor sentiment negatively. Despite the recent uptick in price, the overall trend shows significant underperformance, with a year-to-date return of -17.32% compared to the Sensex's positive return of +2.85%. This combination of factors indicates that while there may be short-term gains, the long-term outlook remains challenging for Avadh Sugar & Energy Ltd.