Why is Sula Vineyards falling/rising?

As of 29-Aug, Sula Vineyards Ltd's stock price is currently at Rs 249.40, reflecting an increase of Rs 1.65 or 0.67%. Despite this slight uptick, the stock has experienced a significant decline over the past week and month, with returns of -6.75% and -14.59%, respectively. It is also close to its 52-week low, just 2.75% away from Rs 242.55. The stock has shown a trend reversal today, gaining after three consecutive days of decline, and it outperformed its sector by 1.04%. However, it is trading below all major moving averages, indicating a bearish trend. The company has high management efficiency and a strong ability to service debt, but it has also reported negative results in recent quarters, contributing to a poor long-term growth outlook.
In the broader market context, Sula Vineyards has underperformed compared to the benchmark Sensex, which has seen a slight decline of -1.84% over the past week and -1.88% over the past month. While the stock's performance today is a positive sign, the overall trend indicates a struggle against broader market conditions and its own financial challenges, including a significant drop in net sales and operating profit over the past five years. The high institutional holdings suggest some confidence in the company's fundamentals, but the overall negative sentiment from recent financial results continues to weigh heavily on the stock's performance.