Why is Uttam Sug.Mills falling/rising?

As of 06-Nov, Uttam Sugar Mills Ltd is experiencing a decline in its stock price, currently at Rs 240.50, which reflects a decrease of Rs 4.4 or 1.8%. The stock has been trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock's delivery volume has significantly decreased by 53.02% compared to the 5-day average, suggesting falling investor participation. Over the past week, the stock has dropped by 4.53%, and it has seen a substantial decline of 25.40% over the past year, contrasting sharply with the Sensex, which has gained 3.65% in the same period.
In the broader market context, the stock's recent performance has been notably weaker than the benchmark, as it has underperformed the Sensex in both the short-term and long-term comparisons. While the Sensex has shown a positive return of 1.86% over the past month, Uttam Sugar Mills has declined by 7.91%. This disparity highlights the challenges faced by the company relative to the overall market, contributing to the downward pressure on its stock price.