Why is Bombay Dyeing falling/rising?

As of 04-Jul, Bombay Dyeing & Manufacturing Company Ltd is currently priced at 167.35, reflecting an increase of 0.45 (0.27%). The stock has outperformed its sector by 0.46% today, although it has shown a decline in investor participation, with delivery volume falling by 52.38% compared to the 5-day average. Over the past week, the stock has risen by 2.89%, while it has increased by 7.97% over the past month. However, the stock has significantly underperformed over the longer term, with a year-to-date decline of 11.36% and a one-year drop of 22.00%. The company's fundamentals are concerning, as it faces operating losses and a weak ability to service its debt, indicated by a negative EBIT to Interest ratio of -0.65. Despite a recent profit increase of 115.7%, the stock's overall performance remains risky, and the low stake held by domestic mutual funds suggests a lack of confidence in the company's valuation.
Broader Market Context: In the context of the broader market, the stock has underperformed significantly compared to the benchmark Sensex, which has gained 6.77% year-to-date. While the stock has shown some positive movement in the short term, its long-term performance remains troubling, particularly given the negative returns over the past year. The Sensex has generated returns of 4.23% over the last year, contrasting sharply with Bombay Dyeing's decline of 22.00%. This disparity highlights the challenges the company faces in regaining investor confidence and improving its market standing amidst a generally positive market environment.