Why is Uttam Sug.Mills falling/rising?

As of 22-Sep, Uttam Sugar Mills Ltd is currently priced at Rs 265.50, reflecting a decrease of Rs 5.1 or 1.88%. Today's performance indicates that the stock has underperformed its sector by 1.33%, following a trend reversal after three consecutive days of gains. The stock reached an intraday low of Rs 263, down 2.81%, and while it is trading above its 5-day and 200-day moving averages, it remains below the 20-day, 50-day, and 100-day moving averages. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 59.05% compared to the 5-day average. Over the past year, the stock has generated a return of -24.99%, despite positive quarterly results showing significant growth in profit before tax and net sales.
In the broader market context, the stock's short-term return over the past week is +0.32%, which is slightly below the Sensex's return of +0.46%. This underperformance is further highlighted by the stock's year-to-date return of +1.92%, compared to the Sensex's +5.15%. While the company has attractive valuations and has shown strong growth in recent quarterly results, the overall decline in stock price and negative investor sentiment may be contributing to its current downward movement. The stock's performance is also affected by its historical return of -24.99% over the past year, indicating that despite some positive financial indicators, the market sentiment remains cautious.