Why is Dhampur Bio falling/rising?

As of 02-Sep, Dhampur Bio Organics Ltd's stock price is currently at Rs 88.49, reflecting an increase of Rs 4.04, or 4.78%. The stock has shown a positive trend today, gaining after six consecutive days of decline, and reached an intraday high of Rs 92.39, which is a 9.4% increase. Over the past week, the stock has outperformed the benchmark Sensex, with a return of +4.06% compared to the Sensex's -0.78%. However, despite this short-term recovery, the stock has underperformed significantly over the past year, with a return of -37.48%. The company's weak fundamentals, indicated by a -31.98% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 7.92 times, contribute to a lack of confidence among investors, as evidenced by the negligible domestic mutual fund holdings.
Broader Market Context: In the context of the broader market, while the Sensex has shown a slight decline of -0.55% over the past month, Dhampur Bio has managed to gain +11.45% during the same period, indicating a relative strength in the short term. However, the overall market sentiment remains cautious, as the stock has significantly lagged behind the benchmark over the longer term, with a year-to-date return of -22.75% compared to the Sensex's +2.58%. This divergence suggests that while there may be some short-term optimism reflected in today's price movement, the long-term outlook remains challenging due to the company's ongoing financial struggles and low profitability metrics.