Why is Cosmo Ferrites falling/rising?

As of 08-Jul, Cosmo Ferrites Ltd is experiencing a price increase, currently at 265.00, reflecting a change of 1.9 or 0.72% upward. Today, the stock has shown a trend reversal by gaining after two consecutive days of decline, opening with a gain of 2.01% and reaching an intraday high of Rs 268.85. Despite this positive movement, the stock has underperformed in the short term, with a 1-week return of -7.34% and a 1-month return of -10.17%. The company has generated a significant return of 49.72% over the past year, which is notably higher than the broader market's performance. However, it faces challenges due to operating losses and a high Debt to EBITDA ratio, indicating weak long-term fundamental strength.
In the broader market context, the Sensex has shown a slight increase of 0.02% over the past week, contrasting with Cosmo Ferrites' significant decline in the same period. While the stock has outperformed its sector by 0.48% today, the overall market sentiment remains cautious due to the company's poor financial health, as evidenced by negative operating profits and a substantial drop in profits over the past year. This combination of short-term gains against a backdrop of long-term financial instability contributes to a complex outlook for investors considering the stock's future performance.