Why is Sakthi Sugars falling/rising?

As of 10-Sep, Sakthi Sugars Ltd is currently priced at 22.40, reflecting a decrease of 0.1, or 0.44%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 1.5%. In terms of returns, the stock has shown a negative performance of 1.84% over the past week and 3.28% over the past month, while it has significantly underperformed the benchmark Sensex, which has gained 1.06% and 1.96% respectively during the same periods. Despite some positive financial indicators such as a 154.48% growth in PAT and a 30.3% increase in net sales, the stock is burdened by high debt levels and weak long-term growth prospects, which contribute to its declining price.
Broader market context indicates that while the Sensex has been performing well, Sakthi Sugars has struggled, particularly in the long term, with a staggering 41.79% decline over the past year compared to a slight drop of 0.61% in the benchmark. The company's high debt-to-equity ratio and the fact that 86.82% of promoter shares are pledged add to the downward pressure on the stock, especially in a falling market. Additionally, the stock's liquidity is relatively low, with a significant drop in delivery volume, suggesting reduced investor interest. Overall, these factors highlight the challenges facing Sakthi Sugars in the current market environment.