Why is Uttam Sug.Mills falling/rising?

As of 16-Sep, Uttam Sugar Mills Ltd's stock price is currently at 262.35, reflecting a decrease of 2.3, or 0.87%. The stock has underperformed its sector today by 0.69% and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 0.64%, while it has shown a modest increase of 7.30% over the past month. Despite positive quarterly results indicating significant growth in profit before tax, profit after tax, and net sales, the stock has faced challenges, including a high Debt to EBITDA ratio of 2.52 times and a poor long-term growth outlook, with net sales growing at only 2.80% annually over the last five years. Additionally, the lack of domestic mutual fund investment suggests a lack of confidence in the stock's valuation.
In the broader market context, the Sensex has increased by 1.58% over the past week, contrasting with Uttam Sugar Mills' decline. While the stock has generated a return of -24.77% over the past year, the benchmark has only seen a slight decrease of 0.73%. This underperformance in both the short and long term indicates that investor sentiment remains cautious, particularly given the company's low ability to service debt and the absence of significant institutional support. Overall, the combination of underwhelming long-term growth prospects and current market dynamics contributes to the stock's downward movement.