Why is Bhilwara Tech falling/rising?

As of 22-Jul, Bhilwara Technical Textiles Ltd is currently priced at 59.17, reflecting a decrease of 0.33, or 0.55%. The stock has recently experienced a trend reversal, falling after six consecutive days of gains. Despite this decline, it has shown strong performance over various time frames, with a 1-week return of 8.41% and a 1-month return of 37.93%, significantly outperforming the Sensex, which has seen a decline of 0.47% and 0.27% respectively. However, the company is facing challenges, including operating losses and weak long-term fundamental strength, as indicated by a negative EBIT to Interest ratio and declining profitability metrics. These factors contribute to the stock's recent price movement.
In the broader market context, while Bhilwara Tech has outperformed the benchmark in the short term, the stock's current decline contrasts with its strong historical performance, including a 36.81% return over the past year. The company's liquidity appears sufficient for trading, but the negative EBITDA and poor financial results, such as a significant drop in net sales and profit after tax, raise concerns among investors. This combination of strong short-term returns alongside troubling financial fundamentals may lead to cautious sentiment in the market, impacting the stock's price negatively.