Why is Uttam Sug.Mills falling/rising?

As of 15-Sep, Uttam Sugar Mills Ltd's stock price is currently at 264.65, reflecting an increase of 1.2, or 0.46%. Today's price summary indicates that the stock is performing in line with its sector, although it is higher than the 20-day and 200-day moving averages but lower than the 5-day, 50-day, and 100-day moving averages. The stock has shown mixed performance over various periods, with a decline of 1.31% over the past week, a gain of 8.24% over the past month, and a significant drop of 22.26% over the past year. Positive factors include strong quarterly results with a 234.56% growth in profit before tax and a 150.2% increase in profit after tax, alongside record net sales. However, the company faces challenges such as a high Debt to EBITDA ratio of 2.52 times, indicating low ability to service debt, and poor long-term growth metrics, which may contribute to investor caution.
In the broader market context, the stock's recent performance has been underwhelming compared to the benchmark, with a 1-week return of -1.31% against the Sensex's gain of 1.24%. While the stock has outperformed the benchmark over the past month, it has lagged significantly over the past year and three years, raising concerns among investors. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the company's prospects, further impacting its stock performance. Overall, while there are some positive indicators, the combination of high debt levels, poor long-term growth, and underperformance relative to the market creates a challenging environment for Uttam Sugar Mills Ltd.