Why is Dhampur Sugar falling/rising?

As of 18-Aug, Dhampur Sugar Mills Ltd is experiencing a decline in its stock price, currently at 129.00, reflecting a decrease of -0.8 or -0.62%. The stock has been on a downward trend, losing value for the last eight consecutive days and accumulating a total decline of -8.51% during this period. Over the past week, the stock has decreased by -3.41%, and it has significantly underperformed the benchmark Sensex, which has gained +0.83%. The company's financial health is concerning, with a return on capital employed (ROCE) of only 5.6 and a high debt-to-EBITDA ratio of 3.08, indicating weak long-term fundamentals. Additionally, the stock's performance over the last year shows a staggering decline of -36.76%, coupled with a -43.1% drop in profits, which further exacerbates investor concerns.
In the broader market context, while the Sensex has shown a slight positive return of +0.83% over the past week, Dhampur Sugar's performance has been notably poor, highlighting a stark contrast in investor sentiment. The stock's liquidity appears adequate, with a delivery volume increase of 38.99% against the five-day average, yet this does not seem to translate into positive price movement. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence from institutional investors, potentially signaling that they are not comfortable with the stock's current valuation or business outlook. Overall, the combination of weak financial metrics, poor recent performance, and negative investor sentiment contributes to the stock's ongoing decline.