Why is Sakthi Sugars falling/rising?

As of 17-Sep, Sakthi Sugars Ltd's stock price is currently at 22.50, reflecting a decrease of 0.03, or 0.13%. The stock has underperformed its sector today by 0.29%, and while it is higher than its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. The stock has shown a mixed performance over various periods, with a 1-week increase of 0.45% and a 1-month rise of 4.75%, but it has significantly underperformed year-to-date with a decline of 27.18% and a 1-year drop of 42.50%. Positive factors include a substantial growth in profit after tax and net sales, alongside an attractive valuation compared to peers. However, the company faces challenges such as high debt levels, weak long-term growth, and a significant percentage of promoter shares being pledged, which contribute to its recent price decline.
In the broader market context, the Sensex has increased by 1.56% over the past week, indicating that the overall market sentiment is more favorable compared to Sakthi Sugars' performance. The stock's recent struggles, including a decline in investor participation and liquidity issues, contrast sharply with the benchmark's positive trajectory. This disparity highlights the stock's ongoing difficulties in gaining traction, despite some positive financial indicators, suggesting that investor concerns regarding its long-term fundamentals and high debt levels are overshadowing its recent operational improvements.