Why is Vishwaraj Sugar falling/rising?

As of 25-Jun, Vishwaraj Sugar Industries Ltd is experiencing a price increase, currently at 10.00, with a change of 0.41 (4.28%) upward. The stock has shown a positive performance today, outperforming its sector by 2.34% and has gained consecutively over the last two days, resulting in a total return of 6.84% during this period. However, despite this recent uptick, the stock has a concerning long-term outlook, with a significant decline in operating profits and a high Debt to EBITDA ratio, indicating weak fundamental strength. The company's return on equity is low, and institutional investors have reduced their stakes, reflecting a lack of confidence in the stock's future performance.
In the broader market context, Vishwaraj Sugar's short-term return of 2.04% over the past week outperformed the Sensex, which gained 1.61%. However, the stock has underperformed against the benchmark over the longer term, with a year-to-date decline of 32.71% compared to the Sensex's increase of 5.91%. This consistent underperformance, coupled with falling investor participation and negative operating profits, suggests that while there may be short-term gains, the overall sentiment surrounding the stock remains cautious.