Why is Simbhaoli Sugar falling/rising?

As of 19-Sep, Simbhaoli Sugars Ltd is currently priced at 13.91, reflecting an increase of 0.11 or 0.8%. The stock has shown a trend reversal by gaining after three consecutive days of decline, outperforming its sector by 0.93%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally weak performance. Over the past week, the stock has decreased by 0.64%, and it has significantly underperformed in the longer term, with a year-to-date decline of 26.44% and a one-year drop of 45.66%. The company is facing challenges such as a negative book value, high debt levels, and poor long-term growth metrics, which contribute to its risky trading status.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 0.88% over the past week and 5.74% year-to-date. This underperformance highlights the stock's struggles relative to the overall market. The significant drop in delivery volume, which fell by 67.67% against the 5-day average, further indicates a lack of investor confidence. Overall, while there is a slight uptick in the stock price today, the underlying fundamentals and long-term performance suggest that the stock remains under pressure.