Why is Ugar Sugar Works falling/rising?

As of 09-Jul, Ugar Sugar Works Ltd. is currently priced at 49.84, reflecting a decrease of 0.65, or 1.29%. The stock has underperformed its sector today by 0.95%, and its recent performance shows a decline of 1.11% over the past week and 0.02% over the past month. Despite positive results in the latest quarter, including a higher profit after tax and record net sales, the stock has seen a significant decline of 40.43% over the past year, indicating a troubling trend in profitability, with profits down by 176.9%. Additionally, the company has a high debt-to-equity ratio and has experienced poor long-term growth, with operating profit decreasing at an annual rate of 24.94% over the last five years. However, there is a slight positive sentiment as promoters have increased their stake by 1.81%, suggesting confidence in the company's future.
In the broader market context, the stock's performance contrasts sharply with the benchmark, as the Sensex has gained 0.15% over the past week and 1.32% over the past month, while Ugar Sugar Works has shown negative returns in both periods. Over the year-to-date, the stock has declined by 27.90%, while the benchmark has risen by 6.91%. This underperformance highlights the challenges faced by Ugar Sugar Works in attracting investor confidence, particularly in light of its high debt levels and declining profitability, which have contributed to its falling stock price amidst a generally positive market environment.