Why is Dwarikesh Sugar falling/rising?

As of 19-Aug, Dwarikesh Sugar Industries Ltd's stock price is currently at 39.85, reflecting an increase of 0.25 or 0.63%. The stock has been gaining for the last two days, with a total return of 3.1% during this period. However, it has underperformed its sector by 1.38% today, and its performance over the past month shows a significant decline of 18.52%. The stock is trading at a discount compared to its peers, with a very attractive valuation indicated by a ROCE of 2.2 and a low enterprise value to capital employed ratio of 0.9. Despite this, the stock has generated a return of -45.16% over the past year, with profits falling by 28.7%, indicating underlying issues that may be affecting investor sentiment.
In the broader market context, the stock's short-term performance of +0.45% over the last week contrasts with the Sensex, which has risen by 1.76% during the same period. This consistent underperformance against the benchmark over the last three years, coupled with a lack of domestic mutual fund investment, suggests that investors may be cautious about the company's long-term growth prospects. The recent decline in delivery volume by 22.67% against the five-day average further indicates falling investor participation, which could be contributing to the stock's volatility and overall sentiment in the market.