Why is Davangere Sugar falling/rising?

As of 28-Oct, Davangere Sugar Company Ltd's stock price is currently at 3.79, reflecting an increase of 0.36 or 10.5%. The stock has shown a positive trend today, outperforming its sector by 10.83% and reversing a two-day decline. Despite this short-term gain, the stock has underperformed over the past year, with a return of -35.23%. The company's financial health is concerning, as it has a low Return on Capital Employed (ROCE) of 6.2 and has seen a decline in profits by 6.4% over the past year. Additionally, the promoters have reduced their stake by 4.45%, indicating a lack of confidence in the company's future prospects.
Broader market context shows that while the stock has gained 8.91% over the past week, the benchmark Sensex has only increased by 0.24% during the same period. However, the stock's year-to-date performance is significantly worse than the market, with a decline of 26.20% compared to the Sensex's rise of 8.30%. This stark contrast highlights the stock's struggles, despite today's positive movement, and suggests that investor sentiment remains cautious due to the company's weak long-term fundamentals and declining sales performance.