Why is Ugar Sugar Works falling/rising?

As of 17-Nov, Ugar Sugar Works Ltd. is experiencing a decline in its stock price, currently at Rs 40.48, which represents a decrease of Rs 0.52 or 1.27%. The stock has been underperforming, having fallen for the last three consecutive days, resulting in a total decline of 3% during this period. It is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 2.57% away from Rs 39.44. The delivery volume has decreased by 8.82% compared to the 5-day average, suggesting a drop in investor participation, which may further contribute to the stock's downward pressure. There is no information available regarding positive or negative factors impacting the stock.
In the broader market context, Ugar Sugar Works has significantly underperformed compared to the Sensex. Over the past week, the stock has declined by 2.53%, while the Sensex has gained 1.69%. This trend continues over the past month, with Ugar Sugar Works down 4.98% compared to a 1.19% increase in the benchmark index. Year-to-date, the stock has plummeted by 41.44%, contrasting sharply with the Sensex's rise of 8.72%. Such stark differences in performance highlight the challenges faced by Ugar Sugar Works in the current market environment.