Why is AKI India falling/rising?

As of 03-Sep, AKI India Ltd's stock price is currently at 9.45, reflecting an increase of 0.19 or 2.05%. The stock has shown a positive trend recently, gaining 5.35% over the last two days and outperforming its sector by 0.6%. However, despite this short-term gain, the stock has experienced a significant decline of 56.49% over the past year, indicating underlying issues. The company is facing operating losses and has a high Debt to EBITDA ratio of 7.50 times, which raises concerns about its ability to service debt. Additionally, the recent quarterly results showed a 12.7% drop in net sales compared to the previous four-quarter average, and the stock is trading at risky valuations with negative EBITDA.
In the broader market context, while the stock has outperformed the Sensex by 1.61% over the past week, it has underperformed significantly over the longer term, with a year-to-date decline of 25.53% compared to a 3.11% gain in the benchmark. The decrease in institutional investor participation, with a reduction of 0.51% in their stakes, further highlights the lack of confidence in the company's long-term fundamentals. Overall, while there is a short-term rise in the stock price, the broader context reveals significant challenges that could impact its future performance.