Why is Bombay Dyeing falling/rising?

As of 03-Sep, Bombay Dyeing & Manufacturing Company Ltd is experiencing a price increase, currently at Rs 181.20, reflecting a rise of Rs 8.4 or 4.86%. The stock has shown strong performance recently, outperforming its sector by 3.89% today and has gained 6.9% over the last three days. Over the past week, the stock has increased by 4.41%, while it has risen 10.22% over the past month. However, despite these short-term gains, the company faces significant challenges, including operating losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio. Additionally, the stock has underperformed over the past year with a return of -15.31%, and institutional investor participation has decreased, suggesting a lack of confidence in the company's long-term fundamentals.
In the broader market context, while the Sensex has shown a slight decline of 0.27% over the past week, Bombay Dyeing's recent performance contrasts positively with this trend. The stock's ability to trade above its moving averages indicates some bullish sentiment, but the overall negative results, including a significant drop in operating cash flow and a decline in profitability, raise concerns about its sustainability. The stock's performance over the last year, which is significantly worse than the benchmark's decline of -2.41%, highlights the challenges it faces in regaining investor confidence despite recent gains.