Why is Axel Polymers falling/rising?

As of 25-Jul, Axel Polymers Ltd's stock price is currently at 46.90, reflecting an increase of 0.91 or 1.98%. The stock has shown strong performance recently, gaining 10.35% over the past week and outperforming its sector by 2.75% today. It has been on a consecutive gain streak for the last five days and is trading above its moving averages across various time frames. However, there are concerns regarding falling investor participation, as the delivery volume has decreased significantly by 57.29% compared to the five-day average. While the company has an attractive valuation with a return on capital employed (ROCE) of 7.1 and a PEG ratio of 1.8, it also faces challenges such as high debt levels and weak long-term fundamental strength, which could impact investor sentiment.
In the broader market context, Axel Polymers has outperformed the benchmark Sensex in the short term, with a 10.35% return over the past week compared to a slight decline of 0.36% for the index. However, the stock has underperformed over the longer term, with a year-to-date decline of 13.55% against a 4.25% increase in the Sensex. This contrast highlights the stock's volatility and the challenges it faces, particularly given its significant drop of 28.94% over the past year, which is much steeper than the market's overall performance. Despite recent gains, the underlying issues related to profitability and high debt may continue to weigh on the stock's future performance.