Why is Parker Agrochem falling/rising?

As of 02-Jul, Parker Agrochem Exports Ltd is currently priced at 16.13, reflecting a decrease of 0.08 or 0.49%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 5.17% during this period. Over the past week, the stock has decreased by 0.43%, and it has significantly underperformed over the last month with a drop of 10.39%. The stock's performance is further illustrated by its trading below all key moving averages, indicating a bearish trend. Additionally, the company has shown weak long-term fundamental strength, with a low return on equity of 8.60% and negative operating profits, which have contributed to its recent price decline.
In the broader market context, the Sensex has risen by 0.79% over the past week, contrasting sharply with Parker Agrochem's negative performance. The stock has underperformed the market significantly over the last year, generating a return of -15.24% compared to the BSE500's positive return of 3.11%. This stark difference highlights the challenges faced by Parker Agrochem, including poor growth in operating profit and a weak ability to service its debt, which have likely contributed to investor sentiment turning negative and the stock's current downward trajectory.