Why is Parker Agrochem falling/rising?

As of 27-Jun, Parker Agrochem Exports Ltd is currently priced at 17.01, showing no change (0.00%). The stock has outperformed its sector by 0.62% today, although it is trading below its 20-day and 200-day moving averages. Over the past week, the stock has increased by 1.31%, while its one-month return is relatively flat at 0.06%. However, the stock has significantly underperformed over the year, with a return of -11.73%, while the broader market has generated positive returns. The company faces challenges, including weak long-term fundamental strength indicated by a low average Return on Equity (ROE) of 8.60% and negative operating profits, which have contributed to its recent price stagnation.
In the broader market context, the stock's short-term performance of +1.31% over the past week is less than the Sensex's increase of +2.00% during the same period. This underperformance is further highlighted by the stock's year-to-date decline of -12.68% compared to the Sensex's gain of +7.58%. Additionally, the falling investor participation, as evidenced by an 84.61% drop in delivery volume, suggests a lack of confidence among investors, which may be contributing to the stock's inability to gain traction despite some short-term gains. Overall, the combination of weak fundamentals and poor market performance indicates a challenging environment for Parker Agrochem.