Why is EKI Energy falling/rising?

As of 20-Aug, EKI Energy Services Ltd is experiencing a price increase, currently at 112.90, reflecting a rise of 2.1 or 1.9%. The stock has shown a positive performance today, outperforming its sector by 2.18% and has gained consecutively over the last three days, accumulating a total return of 3.91%. However, despite this short-term gain, the stock has significantly underperformed over longer periods, with a year-to-date decline of 56.26% and a staggering 65.79% drop over the past year. The company has faced operational challenges, including reported losses and a weak ability to service its debt, which has contributed to its negative return on capital employed (ROCE) and overall weak long-term fundamental strength.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has only returned 1.07% over the past week compared to the Sensex's 1.64%. This indicates that while there is some short-term recovery, the stock remains under pressure relative to the market. The company has reported a significant fall in net sales and consecutive negative results, which raises concerns about its financial health. The stock's liquidity appears adequate for trading, but the overall sentiment remains cautious due to its historical underperformance and the risks associated with its current financial situation.