Why is Ugar Sugar Works falling/rising?

As of 24-Sep, Ugar Sugar Works Ltd. is experiencing a decline in its stock price, currently at 43.04, which reflects a decrease of 0.78 or 1.78%. The stock has been on a downward trend, losing value for the last three consecutive days, resulting in a total decline of 4.46% during this period. Additionally, the stock is trading below its moving averages across various time frames, indicating weak performance. Over the past year, Ugar Sugar Works has generated a return of -51.07%, significantly underperforming against the BSE500 benchmark, which has seen a decline of only 3.77%. The company's financial health is concerning, with a high debt-to-equity ratio of 4.84 times and a substantial drop in profits, which have fallen by 198.4% over the past year.
In the broader market context, Ugar Sugar Works' short-term performance of -4.06% over the past week contrasts with the Sensex, which has only declined by 1.18%. This indicates that the stock is underperforming relative to the market. The company's high management efficiency, reflected in a return on capital employed (ROCE) of 24.19%, and attractive valuation compared to peers are overshadowed by its poor long-term growth prospects, as evidenced by a -32.11% annual growth rate in operating profit over the last five years. The flat results reported in June, with significant losses in profit before tax and profit after tax, further exacerbate the negative sentiment surrounding the stock, leading to decreased investor participation and a lack of confidence in its future performance.