Why is Phyto Chem (I) falling/rising?

As of 29-Jul, Phyto Chem (India) Ltd is experiencing a price increase, with its current price at 29.39, reflecting a change of 0.24 or 0.82% upward. Despite this recent gain, the stock has underperformed its sector by 1.21% today, although it has shown a consecutive gain over the last two days, resulting in a total return of 3.3% during this period. However, the stock's performance over the past week has been negative, with a decline of 4.42%, and it has also faced challenges in the longer term, evidenced by a year-to-date drop of 14.69%. The company is facing significant operational challenges, including operating losses and a high Debt to EBITDA ratio of 10.65 times, which indicates a low ability to service its debt. Additionally, the stock's liquidity is limited, with a notable decrease in delivery volume, which has fallen by 80.11% against the five-day average.
In the broader market context, the Sensex has shown a decline of 1.03% over the past week, indicating that the overall market sentiment is somewhat negative, although it has performed better than Phyto Chem in this timeframe. The stock's year-to-date performance contrasts sharply with the Sensex, which has gained 4.09%, highlighting the company's struggles relative to the benchmark. While the stock has generated a slight return of -0.37% over the past year, its profitability remains low, with an average Return on Equity of only 2.71%. These factors contribute to a perception of risk surrounding the stock, as it is trading at levels that are considered risky compared to its historical valuations.