Why is Rana Sugars falling/rising?

As of 23-Sep, Rana Sugars Ltd is experiencing a decline in its stock price, currently at 14.41, which reflects a decrease of 0.17 or 1.17%. The stock has been losing value for the last three days, with a total drop of 2.44% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also seen a significant decline, falling by 30.63% compared to the 5-day average, suggesting reduced investor participation. The stock has underperformed significantly year-to-date, down 23.27%, and over the past year, it has dropped 34.20%, which reflects a challenging performance relative to the broader market.
In the broader market context, the Sensex has shown a slight decline of 0.34% over the past week, while Rana Sugars has managed a modest gain of 0.63% in the same period, indicating some resilience despite its overall downward trend. However, over the longer term, the stock's performance has been notably poor compared to the benchmark, with a staggering 42.36% drop over three years, while the Sensex has gained 41.31%. This stark contrast highlights the challenges faced by Rana Sugars in attracting investor confidence and maintaining positive momentum in a market that has generally been more favorable.