Why is KCP Sugar &Inds. falling/rising?

As of 12-Nov, KCP Sugar & Industries Corporation Ltd is experiencing a decline in its stock price, currently at Rs. 27.88, which reflects a decrease of Rs. 1.12 or 3.86%. The stock has hit a new 52-week low of Rs. 27.7 today and has underperformed its sector by 3.53%. Over the past two days, the stock has consecutively fallen, resulting in a total decline of 5.59%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a slight increase in delivery volume, indicating rising investor participation, the overall performance remains weak, with significant losses of 11.60% over the past month and 37.63% year-to-date.
In the broader market context, KCP Sugar's recent performance contrasts sharply with the benchmark Sensex, which has gained 1.21% over the past week and 2.38% over the last month. The stark difference in returns highlights the stock's struggles relative to the market, as it has underperformed significantly over various time frames, including a 38.86% decline over the past year compared to the Sensex's 7.36% increase. This underperformance, coupled with the stock's recent price movements, suggests a challenging environment for KCP Sugar & Industries Corporation Ltd amidst a generally positive market backdrop.