Why is Parker Agrochem falling/rising?

As of 11-Jul, Parker Agrochem Exports Ltd is experiencing a price increase, currently at 16.99, which reflects a rise of 0.63 or 3.85%. The stock has shown a positive trend today, outperforming its sector by 4.9% and reversing a two-day decline. Notably, the stock's performance over the past week has been strong, with a return of +5.33%, despite a longer-term decline of -10.34% over the past month. The stock's delivery volume has surged significantly, increasing by 1235.14% compared to the 5-day average, indicating rising investor participation. However, the company faces challenges, including weak long-term fundamentals characterized by an average Return on Equity (ROE) of 8.60% and negative operating profits, which may pose risks to its future performance.
In the broader market context, while Parker Agrochem has outperformed the Sensex by a notable margin in the short term, the benchmark has shown a decline of -1.12% over the past week. This contrast highlights the stock's relative strength in a generally declining market. However, it is essential to note that the company's long-term growth prospects appear weak, with a significant drop in profits over the past year and a poor EBIT to Interest ratio, which raises concerns about its ability to sustain this upward momentum. Overall, while the stock is currently rising, its long-term outlook remains uncertain due to fundamental weaknesses.