Why is Bajaj Hindusthan falling/rising?

As of 17-Jul, Bajaj Hindusthan Sugar Ltd is experiencing a decline in its stock price, currently at 26.84, which reflects a decrease of 0.73 or 2.65%. The stock has underperformed its sector by 2.22% today and has seen a trend reversal after two consecutive days of gains. Additionally, the stock's delivery volume has decreased significantly, falling by 34.39% compared to the 5-day average. Over the past week, the stock has dropped by 3.76%, while it has shown a positive return of 13.83% over the past month. Despite a high operating profit to interest ratio and cash reserves, the stock has a weak long-term fundamental strength, evidenced by a -20.69% CAGR growth in operating profits over the last five years and a high debt to EBITDA ratio, which negatively impacts its ability to service debt.
In the broader market context, the stock has underperformed the benchmark, with a one-year return of -35.88% compared to the Sensex's gain of 1.91%. This underperformance is compounded by the fact that 100% of promoter shares are pledged, which can exert additional downward pressure on the stock in a falling market. While the stock is trading at a discount compared to its peers and has shown significant gains over a three and five-year period, the recent losses and negative return on equity indicate ongoing challenges that may deter investor confidence.