Why is Parvati Sweetner falling/rising?

As of 24-Sep, Parvati Sweetners and Power Ltd is currently priced at 7.19, reflecting a slight increase of 0.02 (0.28%). The stock has shown some positive movement recently, gaining for the last two days with a total return of 0.84%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend overall. The company's performance has been concerning, with significant operating losses and a weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of 1.07. Additionally, the company reported a drastic decline in net sales and profit after tax, both decreasing by 78.53% in the latest six months, which has contributed to its negative outlook.
In the broader market context, the stock has underperformed compared to the Sensex, with a 1-week return of -5.27% against the benchmark's -1.18%. This underperformance is further highlighted by the stock's year-to-date decline of 20.29%, while the Sensex has gained 4.58% in the same period. The falling investor participation, with a significant drop in delivery volume, suggests a lack of confidence among investors. Overall, while there has been a minor uptick in the stock price recently, the underlying fundamentals and broader market trends indicate a challenging environment for Parvati Sweetners and Power Ltd.