Why is KCP Sugar &Inds. falling/rising?

As of 02-Jul, KCP Sugar & Industries Corporation Ltd's stock price is currently at Rs 36.80, reflecting an increase of Rs 1.26, or 3.55%. Today's price movement indicates a trend reversal as the stock has gained after four consecutive days of decline. It outperformed its sector by 3.53% today, reaching an intraday high of Rs 36.80. However, despite this short-term gain, the stock has underperformed over the past week and month, with returns of -0.54% and -0.27%, respectively. The company faces significant challenges, including a high Debt to EBITDA ratio of 8.05 times, low profitability with an average Return on Equity of 7.47%, and a substantial decline in profits over the past year, which has contributed to its negative performance.
Broader market context shows that while KCP Sugar has seen a slight uptick today, it has significantly lagged behind the benchmark Sensex, which has gained 0.79% over the past week and 2.50% over the past month. The stock's year-to-date performance is particularly concerning, with a decline of 17.67% compared to the Sensex's increase of 6.75%. This underperformance is compounded by the company's flat results in March and a substantial drop in profit, indicating that despite today's rise, the stock's long-term outlook remains precarious in the context of broader market trends.