Why is EKI Energy falling/rising?

As of 25-Aug, EKI Energy Services Ltd is experiencing a price increase, currently at Rs 115.15, reflecting a rise of Rs 1.85 or 1.63%. The stock has shown a positive trend recently, gaining 6.76% over the last six days and outperforming its sector by 2.38% today. However, despite this short-term gain, the stock has significantly underperformed over longer periods, with a decline of 11.12% over the past month and a staggering 66.23% drop over the past year. The company has reported operating losses and negative results for the last two consecutive quarters, which has contributed to a weak long-term fundamental strength, including a poor EBIT to Interest ratio of -20.65 and negative return on capital employed (ROCE).
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has outperformed the Sensex by 5.02% over the past week, while the benchmark has only increased by 0.45%. However, the stock's long-term trajectory remains concerning, with a 93.21% decline over the past three years compared to a 38.90% gain in the benchmark. This consistent underperformance, coupled with falling investor participation and liquidity issues, suggests that while there may be short-term gains, the overall outlook for EKI Energy Services Ltd remains risky and negative.