Why is Parker Agrochem falling/rising?

As of 17-Jul, Parker Agrochem Exports Ltd is experiencing a decline in its stock price, currently at 15.50, which represents a decrease of 0.44 or 2.76%. The stock has underperformed its sector by 2.93% today and has been on a consecutive three-day decline, resulting in a total drop of 11.98% over this period. Additionally, the stock has shown significant underperformance over various time frames, with a year-to-date decline of 20.43% and a one-year return of -13.84%. The company's weak long-term fundamentals, indicated by an average Return on Equity (ROE) of 8.60% and negative operating profits, further contribute to the stock's downward trend.
In the broader market context, Parker Agrochem's short-term performance contrasts sharply with the benchmark, as the Sensex has only declined by 1.12% over the past week. While the stock has seen a rise in investor participation with a notable increase in delivery volume, it remains below all key moving averages, indicating a bearish trend. The company's poor ability to service its debt and negative operating profits have made it a risky investment, leading to its significant underperformance compared to the broader market, which has generated positive returns of 0.26% over the last year.