Why is Axel Polymers falling/rising?

As of 24-Jul, Axel Polymers Ltd's stock price is currently at 45.99, reflecting an increase of 0.9 or 2.0%. The stock has been on an upward trend, gaining for the last four consecutive days and achieving an overall return of 8.21% during this period. Despite this recent positive movement, the stock has underperformed over the past year, with a significant decline of 29.25%. The company's return on capital employed is relatively attractive at 7.1, and it is trading at a discount compared to its peers. However, the stock's performance is overshadowed by a high debt situation, with a debt-to-equity ratio that raises concerns about long-term fundamental strength, and a substantial drop in profits by 92.4% over the past year.
In the broader market context, while Axel Polymers has outperformed the sector by 1.52% today, the benchmark Sensex has shown a slight decline of 0.09% over the past week. The stock's recent gains contrast with its year-to-date performance, which is down 15.23%, while the Sensex has increased by 5.18% during the same period. This indicates that although the stock is experiencing a short-term rise, it continues to face challenges in the long term, as evidenced by its significant underperformance compared to the broader market over the past year.