Why is Alliance Integ. falling/rising?

As of 18-Sep, Alliance Integrated Metaliks Ltd is experiencing a price increase, currently at 2.15, which reflects a change of 0.19 or 9.69% upward. The stock has shown a strong performance today, outperforming its sector by 9.29%. However, despite this positive movement, the stock has had a challenging performance over the longer term, with a 1-month return of -24.30% and a year-to-date return of -77.86%. The company is facing significant financial challenges, including a negative book value and a high debt-to-EBITDA ratio of 23.64 times, which indicates a weak long-term fundamental strength. Additionally, the company reported negative operating profits and a low return on equity, further contributing to its risky profile.
In the broader market context, the stock's short-term return of +14.36% over the past week significantly outpaces the Sensex, which has only increased by 1.80% in the same period. However, the stock's long-term performance remains concerning, with a staggering -89.06% return over the past year, underperforming the BSE500 index. The decline in investor participation, as evidenced by a 4.44% drop in delivery volume against the 5-day average, suggests waning interest despite today's gains. Overall, while the stock has seen a short-term rise, its long-term outlook remains bleak due to ongoing financial difficulties and poor historical performance.