Why is Axel Polymers falling/rising?

As of 07-Jul, Axel Polymers Ltd is currently priced at 43.40, with no change in price (0.00%). The stock has shown a positive performance over the past week, increasing by 1.73%, and has significantly outperformed the Sensex, which declined by 0.20%. Over the past month, the stock has risen by 21.13%, while the Sensex has only increased by 1.53%. Despite this short-term positive trend, the stock has a concerning long-term performance, with a year-to-date decline of 20.00% and a one-year drop of 35.54%. The stock is trading at a discount compared to its peers, but it has also faced challenges, including a high debt-to-equity ratio and a significant drop in profits by 92.4% over the past year, which raises concerns about its long-term fundamental strength.
In the broader market context, while Axel Polymers has shown some resilience in the short term, it has underperformed the market significantly over the last year, where the BSE500 index generated a return of 1.74%. The stock's recent rise in investor participation, indicated by a 7.38% increase in delivery volume, suggests some renewed interest, but the overall high debt levels and weak profitability metrics may continue to weigh on investor sentiment. The stock's performance today is in line with its sector, but the long-term outlook remains uncertain due to its fundamental weaknesses and substantial losses over the past year.