Why is Phyto Chem (I) falling/rising?

As of 23-Jul, Phyto Chem (India) Ltd is experiencing a decline in its stock price, currently at Rs 28.40, reflecting a decrease of 2.35 (-7.64%). The stock has underperformed its sector by 7.7% today and has fallen after two consecutive days of gains. It reached an intraday low of Rs 28.4, and trading volume has decreased significantly, with delivery volume dropping by 60.9% compared to the 5-day average. The stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has declined by 5.80%, while it has shown a modest gain of 7.62% over the past month. However, its year-to-date performance is notably poor, with a decline of 17.56%.
In the broader market context, the Sensex has shown a slight increase of 0.11% over the past week, contrasting with Phyto Chem's negative performance. The company faces significant challenges, including operating losses and a high Debt to EBITDA ratio of 10.65 times, which indicates a low ability to service debt. Additionally, the company's return on equity is just 2.71%, reflecting low profitability. The latest financial results show a decline in net sales and profit after tax, both down by 26.69%. This underperformance, coupled with a negative EBITDA and a history of poor returns compared to the broader market, contributes to the stock's current downward trajectory.