Why is Uttam Sug.Mills falling/rising?

As of 28-Jul, Uttam Sugar Mills Ltd is currently priced at 267.00, reflecting a decrease of 0.7, or 0.26%. The stock has been on a downward trend, losing value for the last eight consecutive days and showing a total decline of 8.56% during this period. In the past week, the stock has underperformed with a return of -5.47%, while the benchmark Sensex has only fallen by -1.59%. Despite some positive developments, such as the company reporting its highest net sales and operating profit margins in recent quarters, the overall sentiment remains negative due to a high Debt to EBITDA ratio of 2.52 times and a significant drop in profits over the past year, which has contributed to the stock's poor performance.
In the broader market context, Uttam Sugar Mills has underperformed relative to the Sensex over various time frames, including a -18.87% return over the past year compared to the benchmark's -0.54%. While the stock has shown some liquidity and an increase in delivery volume, the lack of domestic mutual fund investment suggests a lack of confidence in the stock's future performance. The company's long-term growth prospects appear weak, with low annual growth rates in net sales and operating profit over the last five years, further contributing to the stock's decline.