Why is Sakthi Sugars falling/rising?

As of 12-Sep, Sakthi Sugars Ltd's stock price is currently at 22.38, reflecting an increase of 0.23 or 1.04%. Today's price summary indicates that the stock has outperformed its sector by 0.5% and has experienced a trend reversal, gaining after three consecutive days of decline. Despite this recent uptick, the stock has shown negative returns over various periods, including a 1-week decline of 0.84%, a 1-month drop of 2.86%, and a year-to-date decrease of 27.57%. Positive factors contributing to the stock's recent movement include significant growth in profit after tax and net sales, alongside an attractive valuation compared to peers. However, the company also faces challenges such as high debt levels, with a debt-to-equity ratio of 5.21, and a substantial percentage of promoter shares being pledged, which could exert downward pressure on the stock.
In the broader market context, the stock's short-term performance has lagged behind the benchmark, with the Sensex gaining 1.48% over the past week while Sakthi Sugars fell by 0.84%. This underperformance is indicative of the stock's struggles in a generally rising market. Additionally, the company's long-term fundamentals appear weak, with low profitability and poor growth rates, which may deter investors despite the recent positive earnings reports. Overall, while there are some encouraging signs in the short term, the stock's long-term outlook remains uncertain due to its financial challenges and market conditions.