Why is CHD Chemicals falling/rising?

As of 27-Oct, CHD Chemicals Ltd is experiencing a price increase, currently at 5.80, reflecting a change of 0.2 or 3.57% upward. The stock has outperformed its sector today by 3.39%, and its price is higher than the 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Despite this positive movement, the stock has shown a significant decline over the longer term, with a year-to-date drop of 20.11% and a staggering 90.18% decrease over the past five years. The company faces challenges such as operating losses, a high Debt to EBITDA ratio of 7.93 times, and a low Return on Equity of 1.76%, indicating weak profitability and fundamental strength, which contribute to its overall risk profile.
In the broader market context, CHD Chemicals' short-term return of +1.75% over the past week contrasts with the Sensex's gain of only +0.49%, suggesting a relative strength in the short term. However, the stock's performance over the past month and year remains concerning, with declines of 2.65% and 4.13%, respectively, compared to the Sensex's gains of 5.41% and 6.77%. This consistent underperformance against the benchmark over the last three years highlights the company's ongoing struggles, despite today's positive movement, indicating that investor sentiment may still be cautious given the company's financial challenges.