Why is Phyto Chem (I) falling/rising?

As of 22-Jul, Phyto Chem (India) Ltd's stock price is currently at 30.75, reflecting an increase of 0.86, or 2.88%. The stock has shown positive momentum, outperforming its sector by 3.21% today and has gained 7.89% over the last two days. Despite this recent uptick, the company faces significant challenges, including operating losses and a high Debt to EBITDA ratio of 10.65 times, indicating a weak ability to service its debt. Additionally, the company's return on equity is low at 2.71%, and it has reported a decline in net sales and profit after tax over the last six months, both down by 26.69%. These factors contribute to a perception of risk, as the stock is trading at a level considered risky compared to its historical valuations.
In the broader market context, Phyto Chem's short-term performance has been favorable, with a 1.28% increase over the past week, while the benchmark Sensex has decreased by 0.47%. Over the past month, the stock has risen by 20.40%, contrasting with a slight decline of 0.27% in the Sensex. However, the year-to-date performance shows a decline of 10.74% for Phyto Chem, while the Sensex has increased by 5.18%. This divergence highlights the stock's volatility and the challenges it faces despite recent gains, suggesting that while short-term movements may be positive, long-term fundamentals remain a concern.