Why is SBEC Sugar falling/rising?

As of 05-Aug, SBEC Sugar Ltd is experiencing a decline in its stock price, currently at Rs 41.00, which reflects a decrease of Rs 1.83 or 4.27%. The stock has underperformed its sector by 3.46% today, with an intraday high of Rs 44.69 and a low of Rs 40.69. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has dropped by 7.87%, and year-to-date, it has decreased by 29.91%. The recent increase in delivery volume by 23.94% against the 5-day average suggests some rising investor participation, but overall, the stock's performance remains weak.
In the broader market context, SBEC Sugar's short-term performance has been significantly worse than the benchmark Sensex, which has only declined by 0.77% over the past week. This stark contrast highlights the stock's struggles relative to the market. Over the past month, SBEC Sugar has seen a decline of 26.82%, while the Sensex has only fallen by 3.26%. The substantial underperformance in both short-term and long-term returns, with a 1-year decline of 35.46% compared to the Sensex's 2.48% increase, underscores the challenges facing SBEC Sugar in the current market environment.