Why is Kothari Sugars falling/rising?

As of 15-Sep, Kothari Sugars & Chemicals Ltd is experiencing a price increase, with its current price at 32.31, reflecting a rise of 0.61 or 1.92%. The stock has outperformed its sector today by 1.49%, although it is trading higher than its 5-day and 20-day moving averages, but lower than its 50-day, 100-day, and 200-day moving averages. Despite this short-term positive movement, the company has reported negative results for the last six consecutive quarters, with a significant decline in net sales and operating profits over the past five years. The company’s low debt-to-equity ratio may provide some stability, but the overall poor long-term growth prospects and falling investor participation, evidenced by a 54.87% drop in delivery volume, suggest underlying weaknesses.
In the broader market context, Kothari Sugars has shown a 1-week return of +0.69%, which is below the benchmark Sensex's return of +1.20%. Over the past month, the stock has gained +13.29%, outperforming the Sensex's +1.78%. However, the stock's year-to-date performance remains concerning, with a decline of -26.32% compared to the Sensex's +6.02%. This underperformance in the long term, alongside the negative operating profits and a significant drop in profitability, indicates that while there may be short-term gains, the overall outlook for Kothari Sugars remains weak.