Why is Bhilwara Tech falling/rising?

As of 22-Aug, Bhilwara Technical Textiles Ltd is experiencing a price increase, currently at Rs 49.90, reflecting a rise of 1.68 (3.48%). Despite this uptick, the stock has shown a mixed performance recently; it opened the day down by 2.32% but reached an intraday high of Rs 49.90. Over the past week, the stock has outperformed the sector by 3.87%, although it has faced significant challenges, including a 15.67% decline over the past month and a troubling 29.69% drop over the last year. The company has reported operating losses and has declared negative results for the last three consecutive quarters, which has contributed to a weak long-term fundamental strength. Additionally, the rising raw material costs and a negative EBITDA signal ongoing financial difficulties.
In the broader market context, the stock's short-term performance has been favorable compared to the benchmark, as it has gained 3.14% over the past week while the Sensex has only increased by 0.88%. However, the stock's long-term performance is concerning, with a significant decline of 29.69% over the past year, contrasting sharply with the Sensex's modest gain of 0.31% in the same period. The company's weak ability to service its debt and low profitability per unit of shareholders' funds further exacerbate its risk profile, making it a risky investment despite the recent price increase.