Why is Mawana Sugars falling/rising?

As of 22-Sep, Mawana Sugars Ltd is currently priced at 91.94, reflecting a slight increase of 0.1 (0.11%). The stock has shown a trend reversal, gaining after two consecutive days of decline. It has outperformed its sector by 0.66% today, with a notable increase in delivery volume, which rose by 12.26% compared to the 5-day average. Despite a year-to-date decline of 6.66% and a significant drop of 24.89% over the past year, the stock has demonstrated positive long-term growth potential, with operating profit increasing at an annual rate of 57.46%. However, the company faces challenges, including a high Debt to EBITDA ratio of 3.87 times and a recent decline in profitability, as indicated by a substantial drop in profit before tax and profit after tax compared to previous quarters.
In the broader market context, the stock's performance over the past week has been negative at -1.74%, while the benchmark Sensex has gained 0.46%. This indicates that Mawana Sugars has underperformed relative to the market in the short term. However, the stock's long-term performance remains attractive due to its high dividend yield of 4.4% and increasing institutional investor participation, which suggests a growing confidence among more knowledgeable investors. Despite these positive aspects, the overall underperformance in both the near and long term, coupled with declining profitability, raises concerns about the stock's sustainability in the current market environment.