Why is Tainwala Chem. falling/rising?

As of 15-Sep, Tainwala Chemicals & Plastics (India) Ltd is experiencing a slight increase in its stock price, currently at 213.50, with a change of 0.05, representing a 0.02% rise. The stock has shown a performance inline with its sector, gaining for the last two days with a total return of 0.71% during this period. However, it is important to note that the stock's performance over the past month has been negative, with a decline of 3.85%, and a year-to-date drop of 22.62%. Despite recent positive results in net sales and profit after tax, the company faces challenges with operating losses and weak long-term fundamentals, which may hinder its stock performance.
In the broader market context, the stock's short-term return of 0.47% over the past week is underperforming compared to the Sensex, which has increased by 1.24% during the same period. This discrepancy highlights the stock's struggle to keep pace with the overall market despite some recent gains. The company's weak ability to service its debt and low return on equity, combined with a high price-to-book value ratio, suggest that investors may remain cautious, impacting overall investor participation and liquidity in the stock.