Why is Kothari Sugars falling/rising?

As of 09-Sep, Kothari Sugars & Chemicals Ltd is currently priced at 32.31, reflecting an increase of 0.22 (0.69%). Despite today's positive movement, the stock has shown a significant decline over the past year, with a return of -41.35%. In today's performance, the stock outperformed its sector by 1.85%, although it is trading below several moving averages, including the 5-day, 50-day, 100-day, and 200-day averages. The delivery volume has also seen a drastic decline of 79.83% compared to the 5-day average, indicating falling investor participation. Additionally, the company has reported negative results for the last six consecutive quarters, with net sales and operating profits showing substantial declines, which raises concerns about its long-term growth prospects.
In the broader market context, Kothari Sugars has underperformed compared to the Sensex, which has gained 1.18% over the past week while the stock has dropped by 10.60%. This stark contrast highlights the challenges the company faces in attracting investor confidence. The company's low debt-to-equity ratio may provide some reassurance, but the overall negative operating profits and poor historical performance suggest that the stock is trading at risky levels compared to its average historical valuations. As a result, despite today's slight increase, the long-term outlook remains concerning, contributing to a perception of the stock as a strong sell.