Why is Bajaj Hindusthan falling/rising?

As of 11-Jul, Bajaj Hindusthan Sugar Ltd is experiencing a decline in its stock price, currently at 27.67, which reflects a decrease of 0.22 or 0.79%. The stock has underperformed its sector by 0.51% today and has been on a downward trend for the last three days, resulting in a total drop of 4.98% during this period. Additionally, the stock has shown a mixed performance over various time frames, with a notable decline of 37.24% over the past year, despite a significant profit increase of 83.5%. Factors contributing to this decline include a high Debt to EBITDA ratio of 19.57 times, indicating a low ability to service debt, and the fact that 100% of promoter shares are pledged, which can exert additional downward pressure in a falling market.
In the broader market context, the stock's short-term performance has been relatively weak compared to the benchmark, as it has returned -0.04% over the past week while the Sensex has declined by 1.12%. This underperformance is compounded by the company's weak long-term fundamental strength, evidenced by a -20.69% CAGR growth in operating profits over the last five years. Although the stock is trading at a discount compared to its peers and has a strong cash position, the overall negative sentiment and structural weaknesses have led to its current price decline.