Why is Phyto Chem (I) falling/rising?

As of 08-Jul, Phyto Chem (India) Ltd is experiencing a price increase, currently at 30.33, reflecting a change of 0.42 or 1.4% upward. The stock has shown a performance today that outperformed its sector by 2.06% and has gained after two consecutive days of decline. Despite this short-term positive movement, the stock has had a challenging year, with a year-to-date return of -11.96% and a one-year return of -4.32%. The company is facing significant challenges, including operating losses and a high Debt to EBITDA ratio of 10.65 times, indicating a low ability to service its debt. Additionally, the stock has seen a decline in investor participation, with delivery volume dropping by 94.32% against the five-day average, which could be a concern for future liquidity.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has shown a minimal increase of 0.02% over the past week. While Phyto Chem has outperformed the sector today, its longer-term performance remains below par, with negative returns over the past year and three years compared to the benchmark. The company's weak long-term fundamental strength, characterized by low profitability and flat sales growth, suggests that despite the recent uptick, the stock may still be viewed as risky, particularly given its historical performance and the overall market conditions.