Why is Bhilwara Tech falling/rising?

As of 02-Sep, Bhilwara Technical Textiles Ltd's stock price is currently at Rs 47.87, reflecting an increase of Rs 1.02 or 2.18%. The stock has shown a positive trend recently, gaining for four consecutive days and achieving a return of 4.79% over the past week. However, despite this short-term gain, the company has reported negative results for the last three consecutive quarters, with significant declines in profit before tax and profit after tax. Additionally, the company's operating losses and weak ability to service its debt, indicated by a poor EBIT to Interest ratio, contribute to a perception of risk among investors, which may temper the stock's upward momentum.
In the broader market context, Bhilwara Technical Textiles has outperformed the Sensex by 2.34% today, while the benchmark index has seen a decline of 0.78% over the past week. Despite this short-term outperformance, the stock has underperformed the market over the last year, with a return of -20.08% compared to the Sensex's -2.91%. This contrast highlights the stock's volatility and the challenges it faces, as it has generated negative returns while the broader market has been relatively stable.