Why is Kothari Sugars falling/rising?

As of 23-Sep, Kothari Sugars & Chemicals Ltd is experiencing a decline in its stock price, currently at 32.06, which reflects a decrease of 0.49 or 1.51%. The stock has underperformed its sector by 0.38% today, and while it is higher than the 20-day moving average, it remains lower than the 5-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a slight increase of 0.22%, but it has significantly underperformed in the longer term, with a year-to-date decline of 26.89% and a staggering 44.00% drop over the past year. The company has also reported negative results for the last six consecutive quarters, with net sales and operating profits showing substantial declines, contributing to a perception of poor long-term growth.
In the broader market context, the Sensex has experienced a slight decline of 0.28% over the past week, while Kothari Sugars has managed a marginal gain, indicating some resilience relative to the benchmark. However, the stock's long-term performance is concerning, as it has underperformed the BSE500 over the past three years, one year, and three months. The company's low debt-to-equity ratio may provide some comfort, but the negative operating profits and declining sales growth suggest a risky investment environment. Overall, the combination of poor financial performance, falling investor participation, and underwhelming returns compared to the broader market contributes to the stock's downward movement.