Why is Celebrity Fash. falling/rising?

As of 30-Jun, Celebrity Fashions Ltd is experiencing a price increase, currently at 13.98, reflecting a change of 0.18 or 1.3% upward. The stock has outperformed its sector by 0.46% today, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, despite this short-term positive movement, the company has shown significant long-term weaknesses, including a decline in net sales and operating profit over the past five years, alongside a high debt-to-equity ratio of 15.33 times. The company has reported negative results for the last seven consecutive quarters, with net sales and profit after tax both decreasing by 46.10%. Additionally, 77.63% of promoter shares are pledged, which could exert downward pressure on the stock in a declining market.
In the broader market context, Celebrity Fashions Ltd has demonstrated a short-term return of 8.04% over the past week, significantly outperforming the Sensex, which increased by only 2.09% during the same period. However, the stock's year-to-date performance is concerning, with a decline of 15.99%, contrasting sharply with the Sensex's gain of 7.00%. This consistent underperformance against the benchmark over the last three years, coupled with the company's ongoing financial struggles, suggests that while there may be short-term gains, the long-term outlook remains precarious.