Why is APM Industries falling/rising?

As of 24-Jul, APM Industries Ltd is currently priced at 39.29, reflecting an increase of 0.44 or 1.13%. The stock has shown a positive performance today, outperforming its sector by 1.11% and has gained consecutively over the last two days, accumulating a total return of 1.26% during this period. However, the stock has faced significant challenges, as evidenced by its year-to-date decline of 26.90% and a one-year drop of 30.60%. The company is experiencing operating losses, with a low return on equity of 5.66%, and has reported negative net sales and cash equivalents, indicating weak long-term fundamental strength. Additionally, investor participation has decreased, with delivery volume falling by 79.06% compared to the five-day average, which may contribute to the stock's volatility.
In the broader market context, APM Industries has underperformed relative to the benchmark, with a one-year return of -30.60% compared to the BSE500's positive return of 0.99%. While the stock has shown some short-term gains, its long-term performance remains concerning, particularly given the negative operating profits and significant declines in profitability. The stock's current liquidity is adequate for trading, but the overall sentiment appears cautious due to its historical performance and ongoing financial struggles.