Why is Davangere Sugar falling/rising?

As of 10-Sep, Davangere Sugar Company Ltd's stock price is currently at 3.95, reflecting an increase of 0.22 or 5.9%. Today's price movement indicates a trend reversal, as the stock has gained after five consecutive days of decline. Despite this short-term uptick, the stock has underperformed in the past week with a return of -1.50%, while the Sensex has increased by 1.06%. Over the past month, however, the stock has shown a positive return of 23.82%, contrasting with the Sensex's 1.96%. The stock is trading at a discount compared to its peers, but it has faced significant challenges, including a 41.49% decline over the past year, alongside a decrease in profits by 6.4%. Additionally, the falling investor participation, with a delivery volume drop of 56.42%, raises concerns about liquidity and market confidence.
Broader Market Context: In the broader market context, while the stock has recently outperformed its sector by 4.81%, it still lags behind the benchmark over the longer term, with a year-to-date return of -23.09% compared to the Sensex's 4.21%. The company's weak long-term fundamentals, characterized by a high Debt to EBITDA ratio and declining promoter confidence, further exacerbate its challenges. The recent negative financial results, including a significant drop in net sales and profit after tax, highlight ongoing operational difficulties. Overall, while there is a short-term rise in stock price, the underlying factors suggest a precarious position for Davangere Sugar in the market.