Why is Uttam Sug.Mills falling/rising?

As of 08-Aug, Uttam Sugar Mills Ltd is experiencing a price increase, with the current price at Rs 244.15, reflecting a rise of Rs 3.55 or 1.48%. The stock has shown a trend reversal today, gaining after seven consecutive days of decline. It reached an intraday high of Rs 253, marking a 5.15% increase. Despite this positive movement, the stock has underperformed over the past week and month, with declines of 5.84% and 15.68%, respectively. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a notable increase in investor participation, with delivery volume rising by 7.98% against the 5-day average, indicating a potential shift in market sentiment.
In the broader market context, Uttam Sugar Mills has underperformed compared to the Sensex, which has seen a decline of only 0.92% over the past week. This contrast highlights the stock's recent struggles, particularly given its year-to-date performance of -6.28% compared to the Sensex's gain of 2.20%. While the stock's liquidity appears sufficient for trading, the overall negative returns over longer periods, such as a 25.26% decline over the past year, suggest that investors remain cautious. The lack of available positive or negative dashboard factors limits further insights into the specific drivers behind today's price movement.