Why is Kothari Sugars falling/rising?

As of 10-Sep, Kothari Sugars & Chemicals Ltd is experiencing a decline in its stock price, currently at 31.80, reflecting a decrease of 0.51 or 1.58%. The stock has underperformed its sector today by 2.67%, and while it is higher than the 20-day moving average, it is lower than the 5-day, 50-day, 100-day, and 200-day moving averages. The stock has shown a significant drop in investor participation, with delivery volume falling by 72.02% compared to the 5-day average. Over the past week, the stock has decreased by 6.83%, and its year-to-date performance shows a decline of 27.48%, indicating a troubling trend for investors. The company has also reported negative results for the last six consecutive quarters, with a significant drop in net sales and operating profit, which has contributed to its poor long-term growth outlook.
In the broader market context, Kothari Sugars' recent performance contrasts sharply with the Sensex, which has gained 1.04% over the past week and 5.62% year-to-date. This underperformance is further highlighted by the stock's returns over the last year, which are down 42.64%, while the benchmark has only seen a slight decline of 0.27%. The company's low debt-to-equity ratio may suggest some financial stability; however, the negative operating profits and declining sales growth indicate a risky investment. Overall, the stock's poor performance in both the long term and near term, coupled with a lack of positive momentum, reinforces the bearish sentiment surrounding Kothari Sugars.