Why is Phyto Chem (I) falling/rising?

As of 16-Jul, Phyto Chem (India) Ltd is experiencing a decline in its stock price, currently at 30.15, which reflects a decrease of 0.21 or 0.69%. The stock's performance today is in line with its sector, and it is trading higher than the 20-day, 50-day, and 100-day moving averages, but lower than the 5-day and 200-day moving averages. Notably, there has been a significant increase in investor participation, with delivery volume rising by 266.62% against the 5-day average. However, the company is facing challenges, including operating losses and a high Debt to EBITDA ratio of 10.65 times, which indicates a weak long-term fundamental strength. Additionally, the stock has generated a return of -1.34% over the past year, while its profits have risen by 70.1%, suggesting a disconnect between stock performance and profitability.
In the broader market context, the stock has underperformed compared to the Sensex, with a 1-week return of -2.08% against the benchmark's -1.08%. Over the past year, while the Sensex has gained 2.38%, Phyto Chem has seen a decline of 1.34%. This underperformance is further highlighted by the company's flat results in net sales and profit after tax, both showing a decline of 26.69% over the latest six months. Overall, the stock's recent movement reflects a combination of weak financial fundamentals and a lack of investor confidence, contributing to its downward trend in the market.