Why is EKI Energy falling/rising?

As of 22-Aug, EKI Energy Services Ltd is currently priced at 113.30, reflecting a slight increase of 0.35 (0.31%). The stock has shown a positive trend recently, gaining 4.28% over the past week, outperforming its sector by 0.49%. However, despite this short-term gain, the company has faced significant challenges, reporting a decline in net sales of 15.02% and consecutive operating losses, which have led to a weak long-term fundamental strength. The company's ability to service its debt is also concerning, with a poor EBIT to Interest ratio of -20.65, and it has consistently underperformed against benchmarks over the past three years, generating a staggering -66.87% return in the last year alone.
In the broader market context, while EKI Energy's recent performance has been positive in the short term, it contrasts sharply with the benchmark, which has only increased by 0.88% over the same week. The stock's long-term trajectory remains troubling, as it has underperformed the Sensex significantly, with a year-to-date decline of 56.10% compared to the benchmark's gain of 4.05%. This persistent underperformance, coupled with the company's negative financial results and weak operational metrics, suggests that while there may be short-term gains, the overall outlook for EKI Energy is precarious.