Why is Davangere Sugar falling/rising?

As of 09-Jul, Davangere Sugar Company Ltd is currently priced at 3.62, with no change in price (0.00%). The stock has shown a performance today that outperformed its sector by 0.34%. It is trading higher than its 5-day and 20-day moving averages, but lower than its 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has increased by 4.62%, while its one-month return is slightly positive at 0.56%. However, the stock has significantly underperformed over the longer term, with a year-to-date decline of 31.83% and a one-year drop of 61.28%. The company's return on capital employed (ROCE) is relatively low at 6.2, and it is trading at a discount compared to its peers. Despite a recent increase in delivery volume by 25.25%, the company has faced challenges, including a 10.6% decline in profits over the past year and a high debt-to-EBITDA ratio of 5.05 times, indicating weak long-term fundamental strength.
Broader market context indicates that while the stock has outperformed its sector today, it has lagged significantly behind the broader market, as evidenced by the Sensex's return of 0.15% over the past week and 1.32% over the past month. The stock's substantial decline of 61.28% over the past year starkly contrasts with the BSE500's positive return of 1.43% during the same period, highlighting its underperformance. Additionally, the reduction in promoter stake by 1.94% may reflect diminishing confidence in the company's future prospects, further contributing to the stock's struggles in the market.