Why is Magadh Sugar falling/rising?

As of 25-Jul, Magadh Sugar & Energy Ltd is experiencing a decline in its stock price, currently at Rs 563.75, which represents a decrease of Rs 25.25 or 4.29%. The stock has underperformed its sector by 3.04% today and has been on a consecutive downward trend for the past seven days, resulting in a total decline of 14.87% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a high dividend yield of 4.67%, the stock has generated a return of -27.54% over the past year, coinciding with a 6% drop in profits. The recent positive financial results declared by the company may not be sufficient to counteract the negative sentiment reflected in the stock's performance.
In the broader market context, the stock's short-term performance has significantly lagged behind the benchmark Sensex, which has only declined by 0.36% over the past week and 1.56% over the past month. While Magadh Sugar has shown strong returns over a longer three-year and five-year period, the recent trends indicate a stark contrast, with the stock down 11.73% year-to-date compared to the Sensex's gain of 4.25%. This disparity highlights the challenges faced by Magadh Sugar in maintaining investor confidence, particularly in light of falling investor participation and a decrease in delivery volume.