Why is Ampvolts falling/rising?

As of 08-Jul, Ampvolts Ltd is currently priced at 29.24, reflecting an increase of 0.56 or 1.95%. The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite today's performance, which outperformed the sector by 1.68%, the stock has underperformed over the past week and month, with returns of -3.43% and -15.86%, respectively. Positive factors include a higher profit after tax and improved earnings per share, but the company faces significant challenges, such as operating losses and a high debt-to-EBITDA ratio, which contribute to its weak long-term fundamental strength.
In the broader market context, while the Sensex has shown a slight increase of 0.02% over the past week, Ampvolts has significantly lagged behind, indicating a lack of investor confidence. The stock's year-to-date performance is particularly concerning, with a decline of 56.97% compared to the Sensex's gain of 7.13%. This stark contrast highlights the stock's struggles in a generally positive market environment, further exacerbated by falling investor participation and liquidity issues. Overall, despite a minor uptick in price, the underlying fundamentals and market performance suggest that Ampvolts is still facing considerable headwinds.