Why is SBEC Sugar falling/rising?

As of 01-Aug, SBEC Sugar Ltd is experiencing a decline in its stock price, currently at 41.01, reflecting a decrease of 0.99 or 2.36%. The stock has underperformed its sector by 1.11% today and has been on a downward trend for the last three days, accumulating a total loss of 7.84% during this period. Additionally, SBEC Sugar is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. The company has reported a negative book value and a weak long-term fundamental strength, with net sales growing at an annual rate of only 5.53% over the last five years. Despite declaring positive results in March 2025, the stock's overall performance has been hindered by a significant drop in profits, which have fallen by 53.7% over the past year.
In the broader market context, SBEC Sugar's short-term performance has been notably worse than the benchmark, with a 1-week return of -6.82% compared to the Sensex's -1.06%. Over the past year, while the market (BSE500) has seen a decline of 4.13%, SBEC Sugar's stock has plummeted by 39.58%, indicating a substantial underperformance relative to the market. The high debt levels and the company's risky valuation further contribute to investor caution, leading to decreased participation and lower trading volumes. Overall, these factors collectively explain the stock's recent decline.