Why is Dhampur Sugar falling/rising?

As of 16-Sep, Dhampur Sugar Mills Ltd's stock price is currently at 136.50, reflecting a slight increase of 0.3 (0.22%). The stock has shown a positive trend recently, gaining 1.22% over the last two days and outperforming its sector by 0.4%. In the past week, the stock has risen by 1.52%, while over the past month, it has increased by 5.16%. Despite these short-term gains, the stock has faced significant challenges, with a year-to-date decline of 15.48% and a staggering drop of 38.10% over the past year. The company's return on capital employed (ROCE) stands at 5.6, indicating a very attractive valuation, but it is trading at a discount compared to its peers. However, the stock's long-term fundamentals are weak, with a -18.05% compound annual growth rate (CAGR) in operating profits over the last five years and a high debt-to-EBITDA ratio of 3.08 times, which raises concerns about its ability to service debt.
Broader market context shows that while Dhampur Sugar has outperformed the Sensex in the short term, with a 1.52% gain compared to the index's 1.58% over the past week, its long-term performance has been significantly below par. The stock has underperformed the BSE500 over the last three years, one year, and three months, indicating broader market challenges. Additionally, the lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the company's prospects, potentially impacting investor sentiment negatively. Overall, while there are some positive short-term movements, the stock's long-term outlook remains concerning due to fundamental weaknesses and poor historical performance.