Why is Phyto Chem (I) falling/rising?

As of 28-Jul, Phyto Chem (India) Ltd is experiencing a price increase, currently at 29.15, reflecting a rise of 0.7 or 2.46%. Today's price summary indicates that the stock has outperformed its sector by 2.24%, although it is trading higher than the 50-day moving average but lower than the 5-day, 20-day, 100-day, and 200-day moving averages. Despite this positive movement, 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 has reported a negative EBITDA and a return on equity of only 2.71%, highlighting low profitability. The recent performance has been underwhelming, with net sales and profit after tax both declining by 26.69% over the latest six months.
In the broader market context, the stock has shown a short-term decline of 2.48% over the past week, while the benchmark Sensex has decreased by 1.59%, indicating that the stock is underperforming relative to the market. Over the last month, Phyto Chem has gained 0.52%, contrasting with the Sensex's decline of 3.77%, suggesting some resilience in the face of broader market challenges. However, the stock's year-to-date performance is concerning, with a decline of 15.38% compared to the Sensex's increase of 3.52%. This underperformance in both the long-term and near-term metrics, combined with the company's financial struggles, paints a picture of a stock that is facing significant headwinds despite a slight uptick in price.