Why is Bhilwara Tech falling/rising?

As of 19-Aug, Bhilwara Technical Textiles Ltd is experiencing a price increase, currently at 48.80, reflecting a change of 0.74 or 1.54% upward. The stock has shown a performance today that outperformed its sector by 0.73%. In terms of returns, over the past week, the stock has increased by 2.11%, while it has seen a significant decline of 16.27% over the past month. Despite this recent uptick, the company has declared negative results for the last three consecutive quarters, with operating losses and a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of -0.23. This suggests that while there is some short-term positive movement, the long-term fundamentals remain weak, contributing to a risky investment profile.
In the broader market context, the stock's recent performance has outpaced the Sensex, which has increased by 1.76% over the same week. However, the stock has underperformed the market significantly over the past year, with a return of -20.21% compared to the Sensex's gain of 1.52%. This stark contrast highlights the challenges faced by Bhilwara Technical Textiles Ltd, particularly in light of its declining profitability and negative EBITDA, which may deter long-term investors despite the recent price rise.