Why is Mawana Sugars falling/rising?

As of 24-Sep, Mawana Sugars Ltd is experiencing a decline in its stock price, currently at 91.14, reflecting a change of -0.3, or -0.33%. The stock has been on a downward trend, losing value for the last five consecutive days, resulting in a 2.42% decrease over that period. Additionally, it is trading below its moving averages across various time frames, indicating weak momentum. Despite a high dividend yield of 4.38%, the stock's performance has been poor, with a year-to-date return of -7.47% and a significant annual decline of -25.11%. The company's financial health is concerning, as it has a high Debt to EBITDA ratio of 3.87 times, and its profitability metrics, such as Return on Equity, are low. Furthermore, the recent drop in delivery volume by 47.5% suggests diminishing investor interest.
In the broader market context, Mawana Sugars has underperformed compared to the Sensex, which has seen a 1.18% decline over the past week, while Mawana's decline was steeper at 2.42%. The stock's long-term performance is also troubling, with a significant underperformance relative to the BSE500 over the last three years and one year. Although there has been an increase in institutional investor participation, their overall stake remains modest at 1.04%. This mixed sentiment, combined with the company's declining financial performance and high debt levels, contributes to the stock's negative trajectory in the market.