Why is Mawana Sugars falling/rising?

As of 18-Sep, Mawana Sugars Ltd is experiencing a decline in its stock price, currently at 92.50, reflecting a decrease of 0.9 or 0.96%. The stock has underperformed its sector by 1.55% today, and while it is trading above its 20-day moving average, it is below the 5-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 0.83%, and its year-to-date performance shows a significant decline of 6.09%. Despite a high dividend yield of 4.28%, the company has faced challenges, including a high Debt to EBITDA ratio of 3.87 times and a notable drop in profitability, with a return on equity averaging only 6.51%. Additionally, the stock has generated a return of -21.18% over the last year, indicating ongoing struggles in maintaining investor confidence.
In the broader market context, the Sensex has increased by 1.80% over the past week, contrasting with Mawana Sugars' decline, which highlights its underperformance relative to the benchmark. The company's recent financial results show a significant drop in profit before tax and profit after tax compared to previous quarters, further contributing to negative sentiment. Although institutional investors have increased their stake by 0.53%, suggesting some confidence in the company, the overall market conditions and the company's financial difficulties have led to a lack of investor participation, as evidenced by a 32.24% decrease in delivery volume. This combination of factors indicates that Mawana Sugars is facing considerable headwinds in both the short and long term.