Why is Mawana Sugars falling/rising?

As of 02-Sep, Mawana Sugars Ltd is experiencing a price increase, currently at 91.16, reflecting a rise of 2.66 or 3.01%. The stock has shown a positive trend over the last two days, gaining 3.83% in this period, although it underperformed its sector by 1.74%. The stock's performance over the past week is notable, with a return of +2.77%, contrasting with a decline of -1.20% over the past month. Despite a significant drop of -28.11% over the past year, the company has a high dividend yield of 4.4%, which may attract investors. However, the stock's ability to service debt is concerning, with a high Debt to EBITDA ratio of 3.87 times, and recent quarterly profits have shown a significant decline.
In the broader market context, while Mawana Sugars has gained in the short term, the benchmark Sensex has seen a slight decline of -0.78% over the past week. The sugar sector overall has performed well, gaining 4.65%, which may have contributed to Mawana Sugars' recent price increase. Additionally, there has been rising participation from institutional investors, who have increased their stake by 0.53%, indicating a potential shift in investor sentiment. However, the company's long-term performance remains under scrutiny, as it has underperformed both the BSE500 and its peers over various time frames, raising concerns about its overall profitability and growth potential.