Why is Phyto Chem (I) falling/rising?

As of 23-Sep, Phyto Chem (India) Ltd is currently priced at 27.90, reflecting an increase of 0.14 or 0.5%. The stock has shown a positive trend today, outperforming its sector by 1.7% and reversing a two-day decline. Despite this short-term gain, the stock has experienced a 1.45% increase over the past week, contrasting with a 0.99% decline over the past month. The company's financial health raises concerns, as it has reported operating losses and a high Debt to EBITDA ratio of 10.41 times, indicating a weak long-term fundamental strength. Additionally, the company has generated a low average Return on Equity of 1.82%, which signifies low profitability per unit of shareholders' funds.
In the broader market context, while Phyto Chem's recent performance has been positive, it has underperformed the Sensex over the longer term, with a year-to-date return of -19.01% compared to the Sensex's 5.07%. The stock's liquidity appears sufficient for trading, but the negative financial indicators and high debt levels suggest that investors remain cautious. The company's net sales and profit after tax have both declined significantly, contributing to a perception of risk associated with the stock. Overall, while there is a slight uptick in price today, the underlying financial challenges may limit sustained upward momentum.