Why is Barbeque-Nation falling/rising?

As of 29-Aug, Barbeque-Nation Hospitality Ltd's stock price is currently at Rs 268.15, reflecting an increase of Rs 8.6 or 3.31%. Today's performance indicates a trend reversal as the stock has gained after five consecutive days of decline, outperforming its sector by 3.14%. The stock reached an intraday high of Rs 276.8, marking a 6.65% increase. However, it is important to note that the stock has underperformed significantly over the past year, with a return of -57.45%, while its profits have decreased by -181.7%. Despite a high institutional holding of 30.07%, which suggests confidence from knowledgeable investors, the company faces challenges with a low Return on Capital Employed (ROCE) of 3.2 and a high Debt to EBITDA ratio of 4.20 times, indicating weak long-term fundamental strength.
In the broader market context, Barbeque-Nation's short-term return of +0.85% over the past week stands in stark contrast to the Sensex, which has declined by -1.84% during the same period. This suggests that the stock is experiencing a relative strength compared to the overall market, albeit it has consistently underperformed against the benchmark over the last three years. The stock's current liquidity is adequate for trading, but the recent drop in delivery volume by -28.29% against the five-day average raises concerns about investor participation. Overall, while the recent price increase may reflect a temporary recovery, the long-term outlook remains uncertain due to the company's ongoing financial struggles.