Why is Bombay Dyeing falling/rising?

As of 11-Jun, Bombay Dyeing & Manufacturing Company Ltd is experiencing a price increase, currently at Rs 161.80, reflecting a rise of Rs 8.0 or 5.2%. The stock has shown strong performance today, outperforming its sector by 5.26% and reaching an intraday high of Rs 164.55, which is a 6.99% increase. However, despite this positive movement, the stock has a concerning backdrop, with operating losses and a weak long-term fundamental strength indicated by a poor EBIT to Interest ratio of -0.65. Additionally, the company reported a significant decline in PAT for the last quarter, falling by 48.7% compared to the previous four-quarter average, and has a high debt-equity ratio, which raises concerns about its financial stability. The stock's recent performance shows a 1-week return of +4.39% and a 1-month return of +26.95%, but it has a year-to-date decline of -14.30%.
In the broader market context, the Sensex has increased by 1.87% over the past week and 3.85% over the past month, indicating that while Bombay Dyeing has outperformed the benchmark in the short term, its year-to-date performance lags behind the market's overall growth of 5.60%. The stock's liquidity remains adequate for trading, but a significant drop in delivery volume by 82.28% against the 5-day average suggests a decrease in investor participation, which could be a negative signal for future price movements. The low stake held by domestic mutual funds, at only 0.28%, may further reflect a lack of confidence in the company's prospects at its current price level.