Why is Pankaj Polymers falling/rising?

As of 17-Jul, Pankaj Polymers Ltd is currently priced at 17.42, with no change in price (0.00%). The stock has shown a strong performance over the past year, generating a return of 74.37%, significantly outperforming the market benchmark, which returned only 1.91%. However, today's performance indicates a slight underperformance against its sector by -0.37%. The stock is currently trading above its 100-day and 200-day moving averages but below its 5-day, 20-day, and 50-day moving averages. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by -59.89% compared to the 5-day average, which may signal waning interest among investors.
In the broader market context, while Pankaj Polymers has outperformed the benchmark over the past year, its recent performance may be affected by several negative factors. The company is facing operating losses and has shown weak long-term fundamental strength, with a poor EBIT to Interest ratio of -0.73. Furthermore, the promoters have reduced their stake in the company by -0.9%, which could indicate a lack of confidence in the company's future prospects. Despite the stock's impressive historical returns, the negative EBITDA and flat results reported in March may contribute to a cautious outlook among investors, impacting its current price movement.