Why is Magadh Sugar falling/rising?

As of 06-Aug, Magadh Sugar & Energy Ltd's stock price is currently at Rs 498.00, reflecting a decline of Rs 20.85, or 4.02%. The stock has been underperforming, having fallen for the last six consecutive days, resulting in a total decline of 11% during this period. Additionally, the stock has significantly underperformed the sector by 2.06% today. Over the past week, it has decreased by 10.75%, and over the past month, it has dropped by 22.68%. The stock is trading below all key moving averages, indicating a bearish trend. Although there has been a notable increase in investor participation, with delivery volume rising by 106.76% against the five-day average, the overall sentiment remains negative.
In the broader market context, the Sensex has only declined by 1.15% over the past week, highlighting that Magadh Sugar's performance is significantly worse than the benchmark. Year-to-date, while the stock has decreased by 22.03%, the Sensex has gained 3.08%, further emphasizing the stock's struggles. The stock's long-term performance shows a stark contrast, with a 51.76% increase over the past three years, but the recent trends indicate a troubling downturn compared to the overall market.