Why is Dwarikesh Sugar falling/rising?

As of 12-Sep, Dwarikesh Sugar Industries Ltd is experiencing a price increase, currently at 42.51, with a change of 0.39 (0.93%) upwards. The stock has shown a trend reversal, gaining after four consecutive days of decline. Despite this recent uptick, the stock has underperformed in the short term, with a 4.90% decrease over the past week, while it has seen a 7.16% increase over the past month. The stock's valuation appears attractive with a return on capital employed (ROCE) of 2.2 and is trading at a discount compared to its peers. However, the company has faced significant challenges, including a 40.42% decline in returns over the past year and a 28.7% drop in profits, which may contribute to investor caution.
In the broader market context, the Sensex has increased by 1.48% over the past week and 2.08% over the past month, indicating that Dwarikesh Sugar's recent performance is lagging behind the benchmark. The stock's liquidity is adequate, with a delivery volume increase of 0.92% against the five-day average, suggesting some rising investor participation. However, the long-term outlook remains concerning due to a consistent underperformance against the benchmark over the last three years and a significant decline in operating profit growth. The lack of domestic mutual fund investment may also reflect a lack of confidence in the company's future prospects.