Why is Davangere Sugar falling/rising?

As of 18-Sep, Davangere Sugar Company Ltd is experiencing a decline in its stock price, currently at 3.86, reflecting a decrease of 0.11 or 2.77%. The stock has underperformed its sector today by 3.36%, and while it is trading above its 20-day, 50-day, and 100-day moving averages, it remains below its 5-day and 200-day moving averages. Over the past week, the stock has decreased by 3.02%, and its year-to-date performance shows a significant drop of 24.84%. The company's financial health is concerning, with a return on capital employed (ROCE) of 6.2, indicating fair valuation but poor long-term growth prospects. Additionally, the stock has seen a substantial decline in profits, with a year-over-year return of -46.72%, and a recent report indicates a 40.98% decrease in profit after tax over the last six months.
Broader market context reveals that while the Sensex has gained 1.80% over the past week, Davangere Sugar's performance has been notably poor, highlighting its struggle against market trends. The company's declining investor participation, evidenced by a 24.79% drop in delivery volume compared to the 5-day average, further exacerbates its challenges. The reduction in promoter stake by 4.45% signals a lack of confidence in the company's future, which may contribute to the stock's downward trajectory. Overall, the combination of weak financial fundamentals, underperformance relative to the broader market, and diminishing investor confidence are key factors driving the stock's decline.