Why is UR Sugar falling/rising?

As of 06-October, UR Sugar Industries Ltd is experiencing a decline in its stock price, currently at Rs. 4.11, reflecting a decrease of Rs. 0.21 or 4.86%. The stock has hit a new 52-week low today and has been on a downward trend, having fallen consecutively for the last six days, resulting in a total decline of 12.92% during this period. Additionally, the stock has underperformed its sector by 4.2%. Over the past week, UR Sugar has seen a significant drop of 6.80%, and its year-to-date performance shows a staggering decline of 57.19%. The stock is trading below all its moving averages, indicating persistent weakness. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by 46.78% compared to the five-day average.
In the broader market context, while UR Sugar has been declining, the benchmark index, Sensex, has shown a positive return of 1.77% over the past week. This stark contrast highlights the stock's underperformance relative to the market. Over the last month, UR Sugar's return of -21.56% further underscores its struggles, especially when compared to the Sensex's modest gain of 1.34%. The lack of positive factors in the dashboard suggests that there are no significant catalysts to reverse the current downward trend, contributing to the stock's continued decline amidst a generally stable market environment.