Why is Andhra Petrochem falling/rising?

As of 18-Sep, Andhra Petrochemicals Ltd is experiencing a price increase, currently at 60.16, reflecting a change of 2.15 (3.71%) upward. Today's performance indicates that the stock has outperformed its sector by 1.68% and has gained after two consecutive days of decline, reaching an intraday high of Rs 61.3. Despite this positive movement, the stock has shown poor long-term growth, with operating profit declining at an annual rate of -281.78% over the last five years and negative results for the last four consecutive quarters. Additionally, the stock has underperformed against the benchmark over the past three years, generating a return of -39.48% in the last year while profits have fallen by -150.1%.
In the broader market context, Andhra Petrochemicals Ltd has significantly outperformed the Sensex in the short term, with a 1-week return of +17.55% compared to the Sensex's +1.80% and a 1-month return of +20.92% against +2.14% for the benchmark. However, the stock's long-term performance remains concerning, as it has consistently underperformed against the BSE500 in each of the last three annual periods. The company's high dividend yield of 0 and a low debt-to-equity ratio may provide some stability, but the overall negative financial indicators and falling investor participation suggest that caution is warranted despite the recent price rise.