Why is AKI India falling/rising?

As of 02-Sep, AKI India Ltd's stock price is currently at 9.26, reflecting an increase of 0.29 or 3.23%. Today's price summary indicates that the stock has outperformed its sector by 3.62% and has gained after two consecutive days of decline. However, despite this short-term gain, the stock has shown a negative performance over the past month, with a decline of 18.77%, and a significant year-to-date drop of 27.03%. The company's financial health is concerning, as it has reported operating losses and a high Debt to EBITDA ratio of 7.50 times, indicating a weak ability to service its debt. Additionally, the stock has seen a decrease in institutional investor participation, which may reflect a lack of confidence in its long-term fundamentals.
Broader market context shows that while the stock has managed to rise today, it has underperformed the broader market significantly over the past year, with a return of -56.48% compared to the BSE500's -4.82%. This stark contrast highlights the challenges AKI India faces in regaining investor confidence amidst its operational struggles and declining profitability, as evidenced by a low average Return on Equity of 3.83%. The overall market sentiment remains cautious, particularly given the company's recent flat results and the falling participation from institutional investors, which could further impact its stock performance in the near future.