Why is Banka Bioloo falling/rising?

As of 05-Sep, Banka Bioloo Ltd's stock price is currently at 87.69, reflecting an increase of 2.69 or 3.16%. Today's price performance indicates that the stock has outperformed its sector by 3.57%. While the stock is trading higher than its 50-day, 100-day, and 200-day moving averages, it remains below its 5-day and 20-day moving averages. The stock has also seen a rise in investor participation, with a delivery volume increase of 27.78% compared to the 5-day average. However, the company faces significant challenges, including a weak long-term fundamental strength characterized by a -235.44% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 3.77 times. Additionally, the company has reported negative results for the last four consecutive quarters, which has contributed to a substantial decline in profitability.
In the broader market context, Banka Bioloo's stock has underperformed significantly over the past year, with a return of -36.68%, compared to a -1.61% return from the Sensex. Despite a positive performance over the last month, where the stock gained 5.61%, it still lags behind the benchmark's 0.36% increase. This underperformance is compounded by the company's negative EBITDA and a return on equity averaging only 3.66%, indicating low profitability. Overall, while there are some short-term positive movements in the stock price, the long-term outlook remains concerning due to the company's financial struggles and negative earnings trends.