Why is KM Sugar Mills falling/rising?

As of 29-Jul, KM Sugar Mills Ltd is currently priced at 27.04, reflecting a slight increase of 0.1 or 0.37%. Today's price summary indicates that the stock has gained after five consecutive days of decline, although it underperformed its sector by 0.63%. The stock is trading below its moving averages across various time frames, which suggests a bearish trend. Over the past week, KM Sugar Mills has seen a return of -3.08%, and it has underperformed the benchmark Sensex in the short term, with a return of -1.03%. While the company reported positive results in net sales and profit after tax, its long-term fundamentals are weak, with a low return on capital employed and a high debt-to-EBITDA ratio, which may be contributing to investor caution.
In the broader market context, the stock's performance has been notably poor over the past year, with a decline of -36.53%, while the Sensex has remained relatively flat with a change of -0.02%. This stark contrast highlights the challenges faced by KM Sugar Mills compared to the overall market. Despite the company's recent positive sales growth and attractive valuation relative to peers, the weak long-term growth and high debt levels may deter investors, leading to a lack of confidence in the stock's recovery. Overall, the combination of short-term gains amidst a backdrop of long-term struggles suggests that while there may be some upward movement, significant challenges remain for KM Sugar Mills Ltd.