Why is A F Enterprises falling/rising?

As of 19-Jun, A F Enterprises Ltd is currently priced at 3.40, reflecting an increase of 0.12 or 3.66%. The stock has shown a positive trend recently, gaining 8.63% over the last two days, which is a notable performance considering it has outperformed its sector by 6.56%. However, despite this recent uptick, the stock is trading below its moving averages across various timeframes, indicating a longer-term weakness. Over the past week, the stock has declined by 6.59%, and it has significantly underperformed the benchmark, with a year-to-date return of -73.68% compared to the Sensex's 4.12%. The company has reported positive sales growth of 204.06% in the latest six months, but it still faces challenges with a weak long-term fundamental strength and negative EBITDA, which raises concerns about its sustainability.
In the broader market context, the stock's recent gains come amidst a sector decline of 2.95%, highlighting its relative strength in a challenging environment. However, the significant drop in investor participation, with delivery volume falling by 75.34% against the five-day average, suggests a lack of confidence among investors. The stock's consistent underperformance against the benchmark over the last three years, coupled with a negative return of -54.12% in the past year, further underscores the challenges it faces. Overall, while there are some positive indicators in the short term, the long-term outlook remains precarious due to fundamental weaknesses and ongoing market pressures.