Why is Ugar Sugar Works falling/rising?

As of 04-Jul, Ugar Sugar Works Ltd. is currently priced at 49.73, reflecting a slight increase of 0.03 or 0.06%. The stock has shown a positive performance in the short term, with a 4.30% increase over the past week, while it has underperformed in the longer term with a 40.23% decline over the past year. Today's price summary indicates that the stock is performing in line with its sector, and it is trading higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains lower than the 200-day moving average. However, there has been a notable decline in investor participation, with delivery volume falling by 22.59% against the 5-day average. Positive factors contributing to the stock's recent movement include strong quarterly results, with net sales growing significantly and an increase in promoter confidence, as promoters have raised their stake in the company by 1.81%. Conversely, the company faces challenges with high debt levels and poor long-term growth, as indicated by a significant decline in operating profit over the past five years.
In the broader market context, Ugar Sugar Works has outperformed the benchmark Sensex in the short term, as the Sensex has declined by 0.74% over the past week. However, the stock's year-to-date performance is concerning, with a decline of 28.06% compared to the Sensex's gain of 6.77%. This underperformance highlights the stock's struggles relative to the market, despite some positive short-term indicators. Overall, while there are some positive signs such as increased promoter confidence and strong quarterly results, the stock's long-term challenges and recent decline in investor participation may weigh on its future performance.