Why is Parker Agrochem falling/rising?

As of 21-Jul, Parker Agrochem Exports Ltd is experiencing a price increase, with the current price at 15.86, reflecting a change of 0.75 or 4.96% upward. Today's price summary indicates that the stock has outperformed its sector by 4.43% and has gained after four consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 99.68% against the 5-day average. Despite these positive short-term movements, the stock has underperformed in the longer term, with a year-to-date return of -18.58% compared to a positive 5.20% for the benchmark Sensex.
In the broader market context, while Parker Agrochem has shown a short-term recovery, it has significantly lagged behind the benchmark over the past year, with a return of -14.18% compared to the Sensex's 1.98%. The company's weak long-term fundamentals, including an average Return on Equity (ROE) of 8.60% and negative operating profits, contribute to its risky profile. The stock's poor ability to service debt, indicated by a negative EBIT to Interest ratio, further exacerbates its challenges. Overall, despite the recent uptick in price, the underlying financial weaknesses and historical performance suggest caution for investors.