Why is Mysore Petro falling/rising?

As of 28-Aug, Mysore Petro Chemicals Ltd is currently priced at Rs 117.10, reflecting a slight increase of 0.1 (0.09%). The stock has recently hit a new 52-week low of Rs 111.2, indicating ongoing struggles. Despite today's performance, which outperformed the sector by 1.78%, the stock has shown a negative trend overall, with a 1-week decline of 1.80% and a year-to-date drop of 22.96%. The company is facing significant challenges, including operating losses and a weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of -7.82. Additionally, net sales have fallen by 33.4%, and the company has reported negative returns on capital employed, contributing to a perception of weak long-term fundamental strength.
In the broader market context, while Mysore Petro has outperformed its sector today, it has underperformed the benchmark Sensex over various periods, including a 1-month decline of 4.80% compared to the Sensex's 1.00% drop. The stock's liquidity appears adequate for trading, but the significant drop in delivery volume by 56.68% against the 5-day average suggests waning investor interest. Overall, the stock's long-term performance has been below par, with a staggering 50.82% decline over the past year, indicating a challenging environment for recovery amidst broader market conditions.