Why is KCP Sugar &Inds. falling/rising?

As of 24-Sep, KCP Sugar & Industries Corporation Ltd is experiencing a decline in its stock price, currently at Rs 32.00, reflecting a decrease of Rs 0.36 or 1.11%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total decline of 3.5% during this period. Additionally, the stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite this, there has been a notable increase in investor participation, with delivery volume rising by 22.74% against the 5-day average. The stock is also close to its 52-week low, just 4.69% above Rs 30.5.
In the broader market context, KCP Sugar's performance over the past week shows a decline of 1.99%, which is worse than the Sensex's drop of 1.18%. Over the past month, KCP Sugar has decreased by 2.44%, while the Sensex has increased by 0.50%. Year-to-date, KCP Sugar has significantly underperformed, with a decline of 28.41% compared to the Sensex's gain of 4.58%. This stark contrast highlights the challenges faced by KCP Sugar in the current market environment, despite its historical performance over longer periods, such as a 46.12% increase over the last three years.