Why is Ugar Sugar Works falling/rising?

As of 23-Sep, Ugar Sugar Works Ltd. is experiencing a decline in its stock price, currently at 43.82, which reflects a decrease of 0.46 or 1.04%. The stock has been losing value for the last two days, with a total drop of 2.73% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, falling by 36.95% compared to the 5-day average, suggesting a reduction in investor participation. Year-to-date, the stock has dropped by 36.61%, and over the past year, it has fallen by 50.09%, which highlights a prolonged period of underperformance.
In the broader market context, Ugar Sugar Works' short-term performance of -0.86% over the past week is worse than the benchmark Sensex, which has only declined by 0.34%. However, the stock has shown some resilience over the past month with a gain of 4.23%, while the Sensex has increased by 0.98%. Despite this recent uptick, the overall trend remains negative, particularly when considering the significant year-to-date and one-year declines compared to the Sensex's positive performance. This context suggests that while there may be short-term fluctuations, the long-term outlook for Ugar Sugar Works remains challenging.