Why is Bannari Amm.Sug. falling/rising?

As of 02-Sep, Bannari Amman Sugars Ltd's stock price is rising, currently at 3,719.00, reflecting an increase of 115.1 or 3.19%. Today's price summary indicates that the stock has gained after five consecutive days of decline, opening with a gain of 4.46% and reaching an intraday high of Rs 3,800. Despite this positive movement, the stock has underperformed its sector by 1.56% today and is trading below its moving averages across various time frames. Over the past year, while the stock has generated a return of 12.59%, it has faced challenges with a -21.8% drop in profits, and its long-term fundamental strength is weak, evidenced by a -1.49% CAGR growth in operating profits over the last five years.
In the broader market context, Bannari Amman Sugars Ltd's short-term performance has been relatively weak compared to the benchmark, as it has declined by 1.85% over the past week, while the Sensex has decreased by only 0.78%. However, the sugar sector has shown resilience, gaining 4.65%. The stock's ability to generate positive returns despite a negative market backdrop, where the BSE500 has returned -4.82% over the last year, suggests that it has some market-beating performance characteristics. Nonetheless, the lack of domestic mutual fund investment may indicate caution among institutional investors regarding the stock's valuation and business fundamentals.