Why is Rajshree Sugars falling/rising?

As of 04-Aug, Rajshree Sugars & Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 43.32, reflecting a decrease of 1.02 (-2.3%). The stock has underperformed its sector by 3.68% today and has been on a downward trend for the last three days, accumulating a total decline of 4.07%. Although it opened with a gain of 5.32% and reached an intraday high of Rs 46.7, it also hit a low of Rs 43.06, indicating high volatility with an intraday fluctuation of 7.53%. Over the past week, the stock has fallen by 3.73%, and its year-to-date performance shows a significant decline of 24.00%. The company's financial health is concerning, with a high debt-to-equity ratio of 4.47 times and a return on equity of only 1.04%, which suggests low profitability. Furthermore, the stock has generated a return of -44.33% over the past year, coinciding with a 41.2% drop in profits.
In the broader market context, the Sensex has shown a slight increase of 0.16% over the past week, contrasting with Rajshree Sugars' negative performance. While the stock has underperformed the benchmark indices over various periods, including a 1-month decline of 11.88% compared to the Sensex's -2.89%, it has outperformed in the long term with a 209.43% increase over the past five years. However, the current market sentiment is weighed down by the company's weak long-term fundamentals, including flat sales results and a high percentage of pledged promoter shares, which can exacerbate downward pressure in falling markets.