Why is Dhampur Sugar falling/rising?

As of 03-Sep, Dhampur Sugar Mills Ltd is currently priced at 139.40, reflecting an increase of 0.35 (0.25%). The stock has been gaining momentum, with a consecutive gain over the last three days resulting in a total return of 12.42% during this period. It is performing better than the benchmark, as evidenced by its 1-week return of +9.42% compared to the Sensex's -0.27%. Despite this short-term positive movement, the stock has faced significant challenges, including a year-to-date decline of -13.68% and a staggering -38.32% drop over the past year. The company's financial health is concerning, with a high Debt to EBITDA ratio of 3.08 times and a -18.05% CAGR growth in operating profits over the last five years. Additionally, the stock is trading at a discount compared to its peers, but its profits have fallen by -43.1%, indicating underlying weaknesses.
Broader Market Context: In the context of the broader market, while Dhampur Sugar has shown a positive short-term return, it has consistently underperformed against the benchmark over the last three years, with negative returns in each of the last three annual periods. The Sensex has shown a slight positive return of +3.11% year-to-date, contrasting with Dhampur's significant decline. The rising investor participation, as indicated by a substantial increase in delivery volume, suggests some renewed interest in the stock, but the overall weak long-term fundamentals and lack of domestic mutual fund investment indicate caution among investors.