Why is Ponni Sug.Erode falling/rising?

As of 15-Sep, Ponni Sugars (Erode) Ltd is currently priced at 302.95, reflecting a decrease of 0.5, or 0.16%. The stock has recently underperformed its sector by 0.59% and has experienced a trend reversal, falling after three consecutive days of gains. In terms of returns, the stock has shown a 5.23% increase over the past month, but it has significantly underperformed on a year-to-date basis with a decline of 25.31%. Additionally, while the stock is currently trading above its 5-day and 20-day moving averages, it remains below its longer-term moving averages (50-day, 100-day, and 200-day). There is a notable increase in investor participation, with delivery volume rising by 121.76% against the 5-day average, indicating some positive interest, although specific positive or negative factors are not available.
In the broader market context, the stock's short-term performance over the past week shows a gain of 0.71%, which is lower than the benchmark Sensex's increase of 1.24%. This suggests that while the stock has seen some upward movement recently, it is not keeping pace with the overall market. The year-to-date performance of Ponni Sugars is particularly concerning, as it has fallen by 25.31%, contrasting sharply with the Sensex's positive return of 4.67%. This disparity highlights the stock's struggles relative to the broader market, contributing to the perception of weakness in Ponni Sugars' performance.