Why is BIGBLOC Const. falling/rising?

As of 02-Sep, BIGBLOC Construction Ltd's stock price is currently at Rs 59.60, reflecting an increase of Rs 3.62 or 6.47%. The stock has been gaining momentum, having outperformed its sector by 5.42% today and achieving a consecutive gain over the last two days, with a total return of 8.86% during this period. However, despite this recent uptick, the company faces significant challenges, including a high Debt to EBITDA ratio of 3.46 times, indicating a low ability to service debt. The company has reported negative results for the last five consecutive quarters, with a substantial decline in profits, which has contributed to a poor long-term growth outlook. Additionally, domestic mutual funds hold no stake in the company, suggesting a lack of confidence in its valuation and business prospects.
In the broader market context, BIGBLOC's short-term performance has been relatively strong, with a 1-week return of +2.09%, while the Sensex has declined by 0.78% during the same period. This indicates that the stock is currently outperforming the benchmark index in the short term. However, the stock's year-to-date performance remains concerning, with a decline of 43.13%, contrasting sharply with the Sensex's gain of 2.58%. This disparity highlights the stock's underperformance over a longer horizon, despite its recent gains, and underscores the ongoing challenges the company faces in terms of profitability and investor confidence.