Why is PBM Polytex falling/rising?

As of 29-Jul, PBM Polytex Ltd's stock price is currently at Rs 76.57, reflecting an increase of Rs 2.57, or 3.47%. The stock has outperformed its sector today by 2.83%, reaching an intraday high of Rs 76.99, which is a 4.04% increase. However, despite this positive movement, the stock has shown a significant decline over the longer term, with a year-to-date drop of 17.18% and a one-year return of -23.47%. The company has been facing challenges, including weak long-term fundamental strength, as evidenced by a -227.70% CAGR growth in operating profits over the last five years and a poor EBIT to Interest ratio of 1.96. Additionally, the stock's liquidity is adequate for trading, but there has been a notable decrease in investor participation, with delivery volume falling by 65.38% against the five-day average.
In the broader market context, PBM Polytex's short-term performance contrasts with the benchmark, as it has gained 0.72% over the past week while the Sensex has declined by 1.03%. This indicates that the stock is currently performing better than the overall market. However, the company's consistent underperformance against the benchmark over the last three years, coupled with a negative EBITDA and low profitability metrics, raises concerns about its long-term viability. Despite today's rise, the stock's historical performance and fundamental weaknesses suggest that investors should remain cautious.