Why is Coffee Day Enter falling/rising?

As of 11-Aug, Coffee Day Enterprises Ltd is experiencing a price increase, with its current price at 36.40, reflecting a change of 0.31 (0.86%) upwards. The stock has shown strong performance recently, gaining 5.57% over the last three days and outperforming its sector by 0.75% today. Despite a negative return of -21.94% over the past year, the stock has demonstrated a positive trend in the short term, with a 4.33% increase over the last month and a notable 60.28% rise year-to-date. The company is trading at a discount compared to its peers, and its valuation appears attractive with a ROCE of 0.2. However, the company has faced challenges, including a significant decline in profits by -167.9% and negative results for the last three consecutive quarters, which could weigh on investor sentiment.
In the broader market context, Coffee Day Enterprises Ltd has outperformed the Sensex in the short term, with a 3.29% increase over the past week compared to the benchmark's decline of -0.51%. While the stock has shown resilience recently, it has consistently underperformed against the benchmark over the last three years, raising concerns about its long-term viability. The company's weak fundamentals, including a poor EBIT to Interest ratio and a -12.14% CAGR growth in net sales over the last five years, suggest potential risks that could affect future performance. Additionally, the high percentage of pledged promoter shares could exert downward pressure on the stock in a falling market, indicating that while the stock is rising now, underlying issues remain that could impact its trajectory.