Why is Ashima falling/rising?

As of 09-Sep, Ashima Ltd's stock price is currently at 23.86, reflecting an increase of 0.32 or 1.36%. The stock has shown a trend reversal by gaining after three consecutive days of decline, and it has outperformed its sector by 1.34% today. However, despite this short-term gain, the stock has underperformed over the past week with a decline of 2.61% and has a year-to-date drop of 26.58%. The company has faced significant challenges, including negative results for the last three consecutive quarters, with net sales declining by 93.80%. Additionally, the company has a weak long-term fundamental strength, indicated by a -45.15% CAGR growth in net sales over the last five years and a poor EBIT to interest ratio of -0.04, which raises concerns about its ability to service debt.
In the broader market context, while the Sensex has gained 1.18% over the past week, Ashima's performance has lagged significantly. The stock's recent rise appears to be a temporary reaction amidst a backdrop of persistent underperformance, with a one-year return of -22.71% compared to the market's slight decline of -0.56%. This stark contrast highlights the stock's ongoing struggles, despite today's positive movement, suggesting that investor sentiment may still be cautious due to the company's weak financial fundamentals and declining profitability.