Why is Mawana Sugars falling/rising?

As of 17-Sep, Mawana Sugars Ltd is currently priced at 93.40, reflecting a slight increase of 0.3 (0.32%). The stock's performance today is in line with its sector, although it is trading higher than its 5-day and 20-day moving averages but lower than its 50-day, 100-day, and 200-day moving averages. Notably, there has been a significant decline in investor participation, with delivery volume falling by 60.23% compared to the 5-day average. Despite a year-to-date return of -5.18% and a one-year return of -18.61%, the company has shown healthy long-term growth with an annual operating profit increase of 57.46%. However, it faces challenges such as a high Debt to EBITDA ratio of 3.87 times and declining profitability, as indicated by a -196.6% fall in PAT for the last quarter.
Broader market context shows that while Mawana Sugars has underperformed the Sensex over the past year and three years, it has seen a modest increase of 0.84% over the past week compared to the Sensex's 1.56% gain. The stock's high dividend yield of 4.3% may attract some investors, particularly institutional ones, who have increased their stake by 0.53% in the last quarter. However, the overall performance remains below par, with the stock struggling to generate positive returns in both the near and long term, which may contribute to cautious sentiment among potential investors.