Why is Rana Sugars falling/rising?

As of 17-Nov, Rana Sugars Ltd's stock price is currently at 13.83, reflecting a decrease of 0.23, or 1.64%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 2.95% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, Rana Sugars has experienced a decline of 4.29%, while its year-to-date performance shows a significant drop of 26.36%. Although there has been a notable increase in investor participation, with delivery volume rising by 109.52% against the 5-day average, the overall sentiment remains negative, as there are no positive factors available to counterbalance the stock's recent poor performance.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.69% over the past week, Rana Sugars' performance has been markedly weaker. The Sensex has also shown positive returns over the past month and year, while Rana Sugars has continued to decline. This stark contrast highlights the stock's struggles in the current market environment, where it has not only underperformed the sector by 2.09% today but also lagged behind the broader market trends over various time frames. The overall liquidity of the stock remains adequate for trading, but the persistent downward movement suggests a lack of confidence among investors in the company's prospects.