Why is Bombay Dyeing falling/rising?

As of 12-Aug, Bombay Dyeing & Manufacturing Company Ltd is currently priced at 164.45, reflecting an increase of 1.15 (0.7%). The stock has shown a positive trend recently, gaining 3.1% over the last two days and outperforming its sector by 0.54%. However, despite this short-term gain, the stock has underperformed over the past year with a decline of 25.40%. The company's financial health is concerning, as it has reported operating losses and a weak ability to service its debt, indicated by a negative EBIT to Interest ratio. Additionally, the stock is considered risky due to negative EBITDA and a significant drop in institutional investor participation, which has decreased by 0.89% in the last quarter.
In the broader market context, while the Sensex has experienced a slight decline of 0.59% over the past week, Bombay Dyeing's performance has been notably worse with a drop of 2.63%. This indicates that the stock's recent rise is not reflective of a broader market trend, as it has consistently underperformed compared to the market over the last year. The company's weak long-term fundamentals and declining profitability further contribute to the cautious sentiment surrounding its stock, despite the recent uptick in price.