Why is Mawana Sugars falling/rising?

As of 10-Sep, Mawana Sugars Ltd is experiencing a decline in its stock price, currently at Rs 92.62, reflecting a decrease of Rs 1.48 or 1.57%. The stock has underperformed its sector today by 2.66%, reaching an intraday low of Rs 91.68. Despite a positive performance over the past month with a return of 5.36%, the stock has shown a significant decline of 22.56% over the past year. The company has a high dividend yield of 4.4%, but it is facing challenges such as a high Debt to EBITDA ratio of 3.87 times and a recent drop in profitability, with both profit before tax and profit after tax showing substantial declines compared to previous quarters. Additionally, while there has been an increase in institutional investor participation, the overall financial health of the company remains a concern.
In the broader market context, the Sensex has increased by 1.06% over the past week, contrasting with Mawana Sugars' decline of 1.03% in the same period. This indicates that the stock is not only underperforming its sector but also lagging behind the overall market. The company's long-term growth prospects appear healthy due to a significant annual growth rate in operating profit, yet the recent financial metrics suggest a troubling trend that could be influencing investor sentiment negatively. The combination of high debt levels and declining profitability may be contributing to the stock's downward movement, despite some positive indicators such as rising institutional interest and a favorable valuation compared to peers.