Why is Axel Polymers falling/rising?

As of 04-Jul, Axel Polymers Ltd is currently priced at 43.40, reflecting an increase of 0.75 or 1.76%. Today's performance indicates that the stock has outperformed its sector by 1.9%. However, despite this positive movement, the stock has shown a decline of 3.34% over the past week and a significant drop of 34.36% over the last year. The stock is trading at a discount compared to its peers' average historical valuations, which may attract some investors. Nonetheless, the company has a high debt level, with a Debt to Equity ratio that raises concerns about its long-term fundamental strength. Additionally, the stock's profits have fallen by 92.4%, contributing to its overall negative performance.
In the broader market context, while Axel Polymers has outperformed the sector today, its one-week performance is notably worse than the benchmark Sensex, which has only declined by 0.74%. The stock's year-to-date performance is also concerning, showing a decline of 20.00%, contrasting sharply with the Sensex's 6.77% increase. This underperformance over various time frames, combined with falling investor participation and weak financial fundamentals, suggests that while there may be short-term gains, the long-term outlook remains bleak for Axel Polymers Ltd.