Why is UR Sugar falling/rising?

As of 10-Oct, UR Sugar Industries Ltd is experiencing a price increase, with the current price at Rs. 4.71, reflecting a change of 0.59 or 14.32% upward. Despite this positive movement today, the stock has been underperforming over the longer term, with a year-to-date decline of 50.94% and a one-year drop of 56.15%. The stock hit a new 52-week low of Rs. 3.74 earlier today, indicating significant volatility. Additionally, the stock has outperformed its sector by 13.84% today, although it is trading above its 5-day and 20-day moving averages but below its longer-term moving averages. Notably, there has been a substantial decrease in investor participation, with delivery volume falling by 90.45% against the 5-day average, which may indicate reduced confidence among investors.
In the broader market context, UR Sugar's short-term return of +9.03% over the past week significantly outpaces the Sensex's return of +1.59%, suggesting that the stock is gaining traction relative to the overall market. However, the stock's long-term performance remains concerning, as it has declined sharply over the past three years by 72.93%, while the Sensex has increased by 42.26% during the same period. This stark contrast highlights the challenges faced by UR Sugar in regaining investor confidence and aligning its performance with broader market trends.