Why is Alliance Integ. falling/rising?

As of 16-Sep, Alliance Integrated Metaliks Ltd is experiencing a price increase, currently at 1.98, with a change of 0.08, representing a rise of 4.21%. The stock has shown a positive performance today, outperforming its sector by 3.55% and has gained 5.32% over the last two days. However, despite this recent uptick, the stock has a troubling long-term outlook, with a staggering decline of 90.32% over the past year and a negative book value indicating weak fundamental strength. The company is also facing significant financial challenges, including a high Debt to EBITDA ratio of 23.64 times and a low Return on Equity of 0.10%, which suggests limited profitability and a low ability to service its debt.
In the broader market context, the stock's short-term performance of +5.88% over the past week significantly outpaces the Sensex, which has only risen by 1.58% during the same period. However, the long-term performance remains concerning, as the stock has underperformed the benchmark indices over multiple time frames, including a -30.77% return over the past month compared to the Sensex's +2.21%. This disparity highlights the stock's volatility and the risks associated with investing in it, particularly given its negative operating profits and poor financial metrics.