Why is Dwarikesh Sugar falling/rising?

As of 17-Sep, Dwarikesh Sugar Industries Ltd is experiencing a slight increase in its stock price, currently at 42.97, with a change of 0.02 (0.05%) upwards. The stock has been gaining for the last four days, showing a total return of 2.37% during this period. However, despite this recent uptick, the stock has underperformed significantly over the longer term, with a year-to-date decline of 23.35% and a staggering 40.54% drop over the past year. The company's return on capital employed (ROCE) stands at a low 2.2, indicating a very attractive valuation, but its profits have fallen by 28.7% over the past year, contributing to a negative sentiment around the stock. Additionally, the stock's delivery volume has decreased by 36.33% compared to the five-day average, suggesting falling investor participation.
In the broader market context, the stock's short-term performance of +1.22% over the past week is slightly below the benchmark Sensex, which has gained 1.56% in the same period. This underperformance is consistent with the stock's trend over the last three years, where it has consistently lagged behind the benchmark, generating negative returns. The lack of investment from domestic mutual funds, which hold 0% of the company, may reflect a lack of confidence in the stock's future growth potential. Overall, while there are some positive movements in the short term, the long-term outlook remains concerning due to poor growth metrics and significant underperformance against market benchmarks.