Why is Davangere Sugar falling/rising?

As of 05-Sep, Davangere Sugar Company Ltd is currently priced at 3.98, with no change in price (0.00%). The stock has shown a significant short-term performance, with a 1-week return of +14.04% and a 1-month return of +22.47%, indicating a positive momentum compared to its recent history. Today's price summary indicates that the stock is performing in line with its sector, and it is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 139.57% against the 5-day average. However, despite these positive indicators, the stock has a troubling long-term outlook, with a year-to-date return of -22.51% and a one-year return of -43.94%, reflecting a significant decline in profitability and sales.
Broader market context shows that while the stock has outperformed the benchmark Sensex in the short term, with a 1-week return of +14.04% compared to the Sensex's +1.13%, it has underperformed over the longer term, with a one-year return of -43.94% against the Sensex's -1.81%. This underperformance is compounded by weak long-term fundamentals, including a high Debt to EBITDA ratio and declining promoter confidence, as evidenced by a 4.45% reduction in their stake. The stock's fair valuation and trading at a discount to peers may attract some investors, but the overall negative trends in sales and profitability, along with the significant drop in promoter confidence, suggest that the stock's recent gains may not be sustainable in the face of these challenges.