Why is Bajaj Hindusthan falling/rising?

As of 08-Sep, Bajaj Hindusthan Sugar Ltd is currently priced at 21.08, reflecting a decrease of 0.07 or 0.33%. The stock has been experiencing a downward trend, having fallen for the last three days, resulting in a total decline of 2.09% during this period. Although the stock outperformed its sector by 1.09% today, it has underperformed significantly over the past month with a return of -7.34% compared to the Sensex's +1.16%. The company has reported substantial operating losses, with a negative return on equity and a high debt-to-EBITDA ratio, which raises concerns about its long-term financial health. Additionally, the stock is trading at a discount to its peers, but the dramatic fall in profits by 95.4% over the past year has contributed to its negative performance.
Broader market context indicates that while the stock has shown a positive return of 3.33% over the past week, it has still underperformed the broader market, which has seen a modest gain of 0.53% in the same timeframe. The overall market sentiment appears to be cautious, particularly given the high percentage of pledged promoter shares, which can exacerbate downward pressure in falling markets. Despite the stock's historical performance over three and five years being strong, the recent trends and financial challenges suggest a weak outlook, especially in comparison to the broader market's relatively stable performance.