Why is Sakthi Sugars falling/rising?

As of 16-Sep, Sakthi Sugars Ltd is experiencing a price increase, currently at 22.53, reflecting a change of 0.2 or 0.9% upward. The stock has shown a performance today that outperformed its sector by 1.08%. In terms of returns, over the past week, the stock has increased by 0.13%, while it has risen by 4.89% over the past month. Despite a significant decline of 27.09% year-to-date and a staggering 42.74% drop over the past year, the company has reported positive results, including a 154.48% growth in profit after tax over the last six months and a 30.3% increase in net sales for the latest quarter. However, the stock's high debt levels and the fact that 86.82% of promoter shares are pledged could be contributing to investor caution.
Broader market context indicates that while Sakthi Sugars has outperformed its sector today, it has underperformed against the benchmark Sensex over the past week and month, which saw increases of 1.58% and 2.21%, respectively. The stock's long-term performance has been concerning, with a negative return of 42.74% over the last year and a poor growth rate in net sales and operating profit over the past five years. This combination of short-term positive performance against a backdrop of long-term struggles and high debt may create a mixed outlook for investors, leading to cautious optimism in the face of broader market gains.