Why is Dhoot Indl.Fin falling/rising?

As of 14-Jul, Dhoot Industrial Finance Ltd's stock price is currently at Rs 290.00, reflecting an increase of Rs 7.3 or 2.58%. The stock has shown strong performance recently, gaining 14.33% over the last six days and outperforming its sector by 3.3% today. However, despite this short-term gain, the company faces significant challenges, including reported operating losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -1.13. The company has also declared negative results for the last two consecutive quarters, with a drastic fall in net sales of -82.56%, which has contributed to a negative return on capital employed (ROCE) and a risky trading environment.
In the broader market context, Dhoot Industrial Finance Ltd has outperformed the Sensex in the short term, with a 1-week return of +9.54% compared to the benchmark's -1.42%. However, the stock's year-to-date performance remains concerning, with a decline of -24.68% against the Sensex's +5.27%. This divergence highlights the stock's volatility and the impact of its underlying financial issues, which may overshadow its recent price increases. The liquidity of the stock is also a concern, as indicated by a significant drop in delivery volume, suggesting that while there may be short-term gains, the long-term outlook remains precarious due to the company's financial instability.