Why is Vishwaraj Sugar falling/rising?

As of 04-Jul, Vishwaraj Sugar Industries Ltd is currently priced at 9.99, reflecting an increase of 0.05 or 0.5%. The stock has shown a trend reversal, gaining after two consecutive days of decline, and has outperformed its sector by 0.44% today. However, the stock's performance over the past week and month has been negative, with returns of -0.10% and -0.50%, respectively. Over the past year, the stock has significantly underperformed, with a return of -42.78%. The company faces several challenges, including weak long-term fundamentals, a high Debt to EBITDA ratio, and a substantial decline in operating profits. Additionally, institutional investor participation has decreased, indicating a lack of confidence in the stock.
In the broader market context, the Sensex has experienced a decline of -0.74% over the past week, while Vishwaraj Sugar has slightly outperformed this benchmark. Despite this short-term outperformance, the stock's long-term trajectory remains concerning, with a -32.77% return year-to-date compared to the Sensex's +6.77%. The consistent underperformance against the benchmark over the last three years, coupled with negative operating profits and falling investor participation, suggests that the stock's recent rise may not be sustainable in the face of these underlying issues.