Why is Hind.Organ.Chem. falling/rising?

As of 29-Aug, Hindustan Organic Chemicals Ltd is experiencing a slight increase in its stock price, currently at 34.83, with a change of 0.01 (0.03%) upward. Today's price summary indicates that the stock has outperformed its sector by 0.48% and has gained after two consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. The stock has shown a significant decline over the past year, with a return of -29.66%, and has underperformed against the BSE500 in both the short and long term. The company faces challenges such as operating losses, a high debt-to-equity ratio, and low profitability, which contribute to its weak long-term fundamental strength.
In the broader market context, the stock's short-term performance over the past week shows a decline of -0.54%, while the Sensex has fallen by -1.84%, indicating that Hindustan Organic Chemicals Ltd has fared better than the benchmark index recently. Despite this, the company's overall performance remains concerning, with a significant drop in returns year-to-date at -15.05% compared to the Sensex's increase of +2.14%. The combination of poor operating profit growth, high debt levels, and negative EBITDA positions the stock as risky, which may deter potential investors despite the recent uptick in price.