Why is Phyto Chem (I) falling/rising?

As of 15-Jul, Phyto Chem (India) Ltd's stock price is currently at Rs 30.36, reflecting an increase of Rs 1.17 or 4.01%. Today's performance indicates a trend reversal as the stock has gained after three consecutive days of decline. It outperformed its sector by 1.65%, reaching an intraday high of Rs 30.5, while the day's low was Rs 28.1. Over the past week, the stock has shown a slight increase of 0.10%, but it has underperformed the benchmark Sensex, which declined by 1.36%. Despite the recent uptick, the company faces significant challenges, including operating losses and a high Debt to EBITDA ratio of 10.65 times, which indicates a weak long-term fundamental strength. The stock has generated a return of -3.92% over the past year, and its net sales and profit after tax have both decreased by 26.69% in the latest six months.
Broader market context shows that while Phyto Chem's stock has gained in the short term, it has still underperformed compared to the Sensex over the last week and year-to-date, where the Sensex has increased by 5.67%. The broader sector of Pesticides & Agrochemicals has gained by 2.36%, indicating some positive momentum in the industry. However, the company's long-term performance remains concerning, with a return of -11.87% year-to-date and a significant underperformance against the BSE500 over various time frames. The rising investor participation, as evidenced by a 21.71% increase in delivery volume, suggests some interest, but the overall financial health of the company raises red flags for potential investors.