Why is Gayatri Sugars falling/rising?

As of 12-Sep, Gayatri Sugars Ltd is currently priced at 12.04, reflecting an increase of 0.23 or 1.95%. The stock has shown a positive trend recently, gaining for three consecutive days and achieving a total return of 5.34% during this period. Additionally, it has outperformed its sector by 1.41%. However, despite this short-term gain, the stock has underperformed over the longer term, with a year-to-date decline of 9.41% and a staggering drop of 44.03% over the past year. The company faces significant challenges, including a negative book value, high debt levels, and poor long-term growth metrics, which contribute to its risky profile. Furthermore, 39.6% of promoter shares are pledged, adding downward pressure in a falling market.
In the broader market context, the stock's short-term performance of +1.26% over the past week is slightly below the benchmark Sensex, which has risen by 1.48% during the same period. While the stock has shown some positive movement recently, its long-term performance remains concerning, especially when compared to the Sensex's 4.82% gain year-to-date. The overall market has been more favorable, highlighting the challenges Gayatri Sugars faces in regaining investor confidence amidst its ongoing financial difficulties.