Why is A B M Internatl. falling/rising?

As of 06-Oct, A B M International Ltd's stock price is currently at 44.29, reflecting an increase of 1.95 or 4.61%. The stock has outperformed its sector today by 5.32%. In terms of returns, the stock has shown a significant increase of 12.93% over the past week, although it has experienced a decline of 3.51% over the past month and a substantial drop of 36.04% year-to-date. Despite the recent uptick, the company faces challenges, including operating losses and a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of -0.57. The company has reported negative results for the last three consecutive quarters, with a PAT of Rs -1.84 crore and net sales at their lowest of Rs 14.30 crore, contributing to a perception of weak long-term fundamental strength.
In the broader market context, the stock's short-term performance has significantly outpaced the Sensex, which only increased by 1.80% over the past week. However, the stock's year-to-date performance remains concerning, with a decline of 36.04% compared to the Sensex's gain of 6.06%. This stark contrast highlights the stock's volatility and the risks associated with its negative EBITDA and declining profitability, as evidenced by a 503% drop in profits over the past year. Overall, while there is a short-term rise in the stock price, the long-term outlook remains bleak, suggesting that the recent increase may not be sustainable given the underlying financial difficulties.