Why is Azad India falling/rising?

As of 03-Jul, Azad India Mobility Ltd's stock price is currently at Rs 141.50, reflecting an increase of Rs 3.0 or 2.17%. Today, the stock has shown a trend reversal, gaining after five consecutive days of decline, and it reached an intraday high of Rs 141.50. However, the stock has underperformed over the past month with a return of -6.17%, and it has generated a negative return of -13.82% over the last year, significantly lagging behind the broader market. Additionally, the stock is considered risky due to negative EBITDA and has seen a notable decline in investor participation, with delivery volume dropping by 55.35% compared to the five-day average.
In the broader market context, the stock has outperformed its sector by 0.28% today, but it has still underperformed the benchmark index, the Sensex, which has shown a return of +3.10% over the past month. While the stock's year-to-date performance is positive at +8.18%, the overall trend indicates a struggle against the market, particularly given its flat results in March and the significant drop in profits over the past year. This combination of factors suggests that while there may be short-term gains, the long-term outlook remains challenging for Azad India Mobility Ltd.