Why is Indo Euro Indch. falling/rising?

As of 17-Sep, Indo Euro Indchem Ltd's stock price is currently at 12.49, reflecting a slight increase of 0.02, or 0.16%. Despite this minor uptick, the stock has shown underperformance today, lagging behind its sector by 0.62%. The stock's recent performance indicates a mixed picture, with a 5.31% increase over the past week, but a significant decline of 22.85% year-to-date. Additionally, the stock has been facing challenges, including a weak long-term fundamental strength characterized by a low average Return on Equity (ROE) of 3.98% and a concerning EBIT to Interest ratio of 0.13. The company has also reported a drastic decline in net sales over the last six months, which has contributed to its negative EBITDA and overall riskiness compared to historical valuations.
In the broader market context, the stock's short-term performance of 5.31% over the past week significantly outpaces the benchmark Sensex, which has only increased by 1.56% during the same period. However, the stock's year-to-date performance of -22.85% starkly contrasts with the Sensex's gain of 5.83%, highlighting its consistent underperformance against the benchmark over the last three years. This underperformance is compounded by falling investor participation, as evidenced by a 22.23% drop in delivery volume compared to the five-day average, indicating a lack of confidence among investors.