Why is Indo Euro Indch. falling/rising?

As of 23-Sep, Indo Euro Indchem Ltd's stock price is currently at 12.60, reflecting a decrease of 0.38, or 2.93%. The stock has shown a mixed performance recently, with a 1-week return of +1.04% and a significant 1-month return of +15.60%. However, it has underperformed the sector today by 1.35%. Despite a notable increase in delivery volume, which rose by 386.01% against the 5-day average, the stock's long-term fundamentals are weak, indicated by an average Return on Equity (ROE) of only 3.98% and a concerning EBIT to Interest ratio of 0.13. Additionally, the company has reported a drastic decline in net sales over the last six months, which fell by 56.56%, and a negative EBITDA, contributing to the stock's overall decline.
In the broader market context, while Indo Euro Indchem Ltd has outperformed the Sensex in the short term, the stock has consistently underperformed against the benchmark over the last three years, with a year-to-date return of -22.17% compared to the Sensex's +5.07%. This consistent underperformance, coupled with weak long-term growth and a significant drop in profits over the past year, has led to a negative sentiment surrounding the stock, reinforcing its classification as a strong sell.