Why is Parker Agrochem falling/rising?

As of 10-Jun, Parker Agrochem Exports Ltd is experiencing a price increase, currently at 18.95, which reflects a rise of 0.45 or 2.43%. The stock has shown strong performance recently, gaining 7.3% over the last two days and outperforming its sector by 3.49%. In the short term, the stock has returned 3.61% over the past week and 24.67% over the past month, significantly exceeding the Sensex's returns of 2.05% and 3.70%, respectively. However, despite this recent uptick, the company faces challenges, including weak long-term fundamental strength indicated by an average Return on Equity (ROE) of 8.60% and negative operating profits, which have contributed to a bearish outlook for the stock.
In the broader market context, while Parker Agrochem has outperformed the benchmark in the short term, it has underperformed over the past year, generating a return of -4.39% compared to the Sensex's 7.72%. This underperformance highlights the stock's volatility and risk, especially given its poor EBIT to Interest ratio and declining profits. The stock's liquidity remains adequate for trading, but the falling investor participation, as indicated by a 30.12% drop in delivery volume, suggests caution among investors. Overall, while the recent price movement is positive, the underlying fundamentals and market conditions present a mixed picture for Parker Agrochem.