Why is Pankaj Polymers falling/rising?

As of 05-Sep, Pankaj Polymers Ltd is currently priced at 18.70, showing no change (0.00%). The stock has outperformed its sector today by 0.53% and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has risen by 20.26%, and it has delivered a remarkable 71.56% return year-to-date. However, despite these positive returns, the company is facing challenges such as operating losses and a weak long-term fundamental strength, indicated by a negative EBIT to Interest ratio and declining promoter confidence, as they have reduced their stake by 0.9% in the last quarter.
In the broader market context, while Pankaj Polymers has shown significant short-term gains compared to the Sensex, which has only increased by 1.13% over the past week, the overall market sentiment may be tempered by the company's financial struggles. The stock's performance over the last year has been strong, with a 58.47% increase, yet it has also experienced a decline in profits by 4%, raising concerns about its sustainability. The combination of strong short-term returns and underlying financial weaknesses suggests a complex situation for investors considering the stock's future.