Why is Damodar Indust. falling/rising?

As of 15-Jul, Damodar Industries Ltd is experiencing a price increase, currently at Rs 38.97, reflecting a rise of 1.16 or 3.07%. Today's price summary indicates that the stock has outperformed its sector by 1.73% and has shown a trend reversal after two consecutive days of decline. It opened with a significant gain of 5.21% and reached an intraday high of Rs 39.8. However, despite this positive movement, the company faces challenges, including high debt levels and weak long-term fundamentals, with net sales declining at an annual rate of -11.31% and operating profit at -154.86% over the last five years. Additionally, the stock has consistently underperformed against benchmarks, generating a return of -24.51% over the past year.
In the broader market context, the stock's short-term performance is notably better than the benchmark, with a 1-week return of +4.73% compared to the Sensex's -1.36%. This indicates that while Damodar Industries Ltd is currently rising, it has struggled significantly over the longer term, with a year-to-date return of -10.39% against the Sensex's +5.67%. The company's high debt and negative operating profits contribute to its risky profile, which may deter long-term investors despite the recent uptick in stock price.