Why is Dhanlaxmi Fabric falling/rising?

As of 11-Jul, Dhanlaxmi Fabrics Ltd is experiencing a price increase, currently at Rs 62.50, reflecting a rise of 2.6 or 4.34%. The stock has shown a positive performance today, outperforming its sector by 5.86% and opening with a gain of 4.84%. It reached an intraday high of Rs 62.8. However, the stock has also faced challenges, including erratic trading patterns, as it did not trade on 3 out of the last 20 days, and a significant drop in delivery volume by 87.84% compared to the 5-day average. Despite the short-term gains, the company is facing long-term fundamental weaknesses, including operating losses and a poor EBIT to Interest ratio of -2.07, which suggests difficulties in servicing its debt.
In the broader market context, Dhanlaxmi Fabrics has outperformed the Sensex in the short term, with a 1-week return of +4.32% compared to the Sensex's -1.12%. However, the stock has underperformed over longer periods, with a year-to-date return of -2.95% against the Sensex's +5.58%. The company's negative EBITDA and low return on equity further highlight its weak profitability and risk profile, indicating that while the stock may be rising in the short term, significant underlying issues could affect its sustainability in the long run.