Why is Rajshree Sugars falling/rising?

As of 11-Sep, Rajshree Sugars & Chemicals Ltd is currently priced at 42.06, reflecting an increase of 0.44 or 1.06%. The stock has shown a consecutive gain over the last two days, rising by 1.96% during this period. However, it is important to note that the stock has been underperforming in the longer term, with a year-to-date decline of 26.21% and a staggering 41.73% drop over the past year. The company is facing significant challenges, including operating losses, a high debt-to-equity ratio of 3.97 times, and a low return on equity of 1.65%. Additionally, negative financial results reported for June, including a substantial drop in profit before tax and net sales, further highlight the company's weak long-term fundamentals.
In the broader market context, the stock's recent performance is somewhat in line with sector trends, but it has still lagged behind the benchmark Sensex, which has gained 1.03% over the past week. The stock's delivery volume has seen a drastic decline of 87.92% compared to the five-day average, indicating falling investor participation, which could contribute to downward pressure on the stock price. Despite being liquid enough for trading, the overall sentiment remains cautious due to the high percentage of pledged promoter shares, which can exacerbate price declines in a falling market.