Why is Phyto Chem (I) falling/rising?

As of 25-Aug, Phyto Chem (India) Ltd is experiencing a price increase, currently trading at 28.46, reflecting a change of 0.28 or 0.99% upward. The stock has shown a performance today that outperformed its sector by 0.83% and has gained after two consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend overall. Despite a year-to-date decline of 17.39%, the stock has performed well over the last three years with a return of 48.62%. The company is facing significant challenges, including operating losses and a high Debt to EBITDA ratio of 10.65 times, which suggests a weak long-term fundamental strength. Additionally, the company has reported negative net sales growth and a negative profit after tax, which could be contributing to investor caution.
In the broader market context, Phyto Chem's recent short-term return of +4.02% over the past week significantly outpaces the Sensex's return of +0.45% during the same period. This indicates a relative strength in the stock compared to the benchmark index, despite its overall negative performance year-to-date. The increase in delivery volume by 51.07% against the 5-day average suggests rising investor participation, which may be a factor in the stock's recent upward movement. However, the company's weak profitability metrics and negative EBITDA position it as a risky investment, which could temper enthusiasm among potential investors.