Why is Rana Sugars falling/rising?

As of 10-Sep, Rana Sugars Ltd is currently priced at 14.35, reflecting a decline of 0.29, or 1.98%. The stock has underperformed its sector today by 3.07% and is trading below all key moving averages, indicating a bearish trend. Additionally, the stock has seen a significant drop in investor participation, with delivery volume falling by 80.02% compared to the 5-day average. Over the past year, Rana Sugars has generated a return of -35.24%, which is considerably worse than the benchmark, and its operating profit has declined at an annual rate of -6.35% over the last five years. Despite a substantial increase in profits by 153%, the stock's poor long-term growth prospects and consistent underperformance against benchmarks contribute to its current downward movement.
In the broader market context, the Sensex has shown a positive return of 1.06% over the past week, contrasting sharply with Rana Sugars' decline of 4.97% in the same period. This disparity highlights the stock's ongoing struggles relative to the market. While the stock is trading at a discount compared to its peers and has a very attractive valuation with a low PEG ratio, these factors have not been sufficient to offset the negative sentiment stemming from its recent financial performance and lack of growth. The majority of shareholders being non-institutional may also indicate a lack of confidence in the stock's future performance, further contributing to its decline.