Why is Phyto Chem (I) falling/rising?

As of 07-Jul, Phyto Chem (India) Ltd is experiencing a decline in its stock price, currently at 29.91, which reflects a decrease of 0.59 or 1.93%. The stock has underperformed its sector today by 0.93% and has been on a consecutive downward trend for the last two days, resulting in a total decline of 3.52%. Over the past week, the stock has shown a positive return of 6.82%, but it has significantly underperformed in the longer term, with a year-to-date return of -13.18% and a one-year return of -10.45%. The company is facing challenges such as operating losses and a high Debt to EBITDA ratio of 10.65 times, indicating weak long-term fundamental strength. Additionally, the stock's profitability is low, with an average Return on Equity of only 2.71%, and it has reported a significant drop in net sales and profit after tax over the last six months.
In the broader market context, the Sensex has shown a slight decline of 0.20% over the past week, while Phyto Chem's performance has been more favorable in that same period. However, the stock's long-term performance has been below par, underperforming the BSE500 index over the last three years, one year, and three months. The recent drop in delivery volume by 30.33% against the five-day average indicates falling investor participation, which may further contribute to the stock's downward pressure. Overall, the combination of weak financial performance, high debt levels, and declining investor interest suggests a challenging environment for Phyto Chem (India) Ltd, leading to its current price decline.