Why is Phosphate Co falling/rising?

As of 04-Nov, The Phosphate Company Ltd is experiencing a decline in its stock price, currently at Rs 146.95, which reflects a decrease of 8.05 or 5.19%. Today's performance indicates that the stock opened with a loss of 3.23% and has underperformed its sector by 5.03%. Over the past week, the stock has seen a return of -1.38%, and its year-to-date performance shows a decline of 5.19%. Despite a significant increase in delivery volume, which rose by over 3000% compared to the 5-day average, the stock is trading below all key moving averages, indicating a bearish trend. The company has reported operating losses and poor long-term growth, with net sales falling by 21.45% in the last quarter, contributing to its weak fundamental strength.
In the broader market context, the stock has underperformed the benchmark, with the Sensex showing a positive return of 6.81% year-to-date, while Phosphate Co has declined by 5.19%. This stark contrast highlights the stock's struggles in a generally favorable market environment. Although the company has attractive valuation metrics, such as a low PEG ratio and significant profit growth over the past year, these factors are overshadowed by its operational challenges and declining sales. The overall sentiment remains negative, as the stock has not only underperformed the market over the last year but also reflects ongoing concerns regarding its long-term viability.