Why is Bombay Dyeing falling/rising?

As of 24-Jul, Bombay Dyeing & Manufacturing Company Ltd's stock price is currently at 188.45, reflecting an increase of 0.45 (0.24%). The stock has shown strong performance recently, gaining 14.14% over the last three days and outperforming its sector by 0.8%. Over the past week, it has risen by 10.27%, and in the last month, it has increased by 27.12%. However, despite these short-term gains, the company faces significant challenges, including operating losses and a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of -0.65. Additionally, the company's return on equity is low at 0.30%, and it has seen a decrease in institutional investor participation, which may affect long-term confidence in the stock.
Broader market context shows that while Bombay Dyeing has outperformed the Sensex in the short term, it has underperformed over the past year, with a return of -18.15% compared to the Sensex's gain of 2.54%. This disparity highlights the stock's volatility and the risks associated with its current valuation, particularly given its negative EBITDA and the highest debt-equity ratio at 0.00 times. The stock's recent rise may be attributed to increased investor participation and favorable short-term trading conditions, but the underlying financial weaknesses and historical performance suggest caution for potential investors.