Why is Dharan Infra-EPC falling/rising?

As of 31-Jul, Dharan Infra-EPC Ltd's stock price is currently at 0.42, reflecting an increase of 0.02 or 5.0%. The stock has shown a positive performance today, outperforming its sector by 5.52% and has been gaining for the last two days, resulting in a total return of 7.69% during this period. However, despite this short-term gain, the stock has experienced significant declines over longer periods, with a year-to-date drop of 51.45% and a staggering 56.48% decrease over the past year. The company's financial health is concerning, as it has reported operating losses and weak long-term fundamental strength, with net sales declining at an annual rate of -43.85% over the last five years. Additionally, the company has a poor EBIT to Interest ratio of -3.48, indicating challenges in servicing its debt.
In the broader market context, the stock's recent rise contrasts with the benchmark Sensex, which has seen a decline of 1.22% over the past week. While the stock has gained 5.00% in the last week, it still lags behind the benchmark's performance over longer periods, including a 3.00% decline over the past month. The rising investor participation, as indicated by a 35.34% increase in delivery volume, suggests some renewed interest in the stock despite its overall negative performance metrics. However, the company's ongoing operational challenges and negative EBITDA position it as a risky investment, which may temper the enthusiasm of potential investors.