Why is AI Champ.Inds. falling/rising?

As of 18-Jul, AI Champdany Industries Ltd's stock price is currently at 55.20, reflecting an increase of 0.95, or 1.75%. The stock has shown a positive performance today, outperforming its sector by 2.59%, and has been on a gaining streak for the last three days, accumulating a total return of 2.79% during this period. However, despite these short-term gains, the stock has experienced a decline of 3.14% over the past week and a year-to-date drop of 4.83%. The company has faced significant challenges, including operating losses and a weak long-term fundamental strength, with net sales declining at an annual rate of -6.42% and a concerning debt to EBITDA ratio of -1.00 times. Additionally, negative results reported for June 2024, including a substantial fall in profit before tax and profit after tax, have contributed to a perception of risk surrounding the stock.
In the broader market context, while the Sensex has decreased by 0.90% over the past week, AI Champdany Industries Ltd's short-term performance has been relatively better, indicating some resilience against the broader market trend. However, the stock's year-to-date performance lags behind the Sensex, which has gained 4.63% during the same period. This contrast highlights the stock's volatility and the challenges it faces despite recent short-term gains, as it continues to grapple with fundamental issues that may deter long-term investors.