Why is EKI Energy falling/rising?

As of 08-Sep, EKI Energy Services Ltd is experiencing a price increase, currently at 115.25, reflecting a change of 1.2 or 1.05% upward. The stock has shown a positive performance today, outperforming its sector by 1.03% and has been on a consecutive gain for the last two days, with a total return of 1.9% during this period. However, despite these short-term gains, the stock has a troubling long-term outlook, with a significant year-to-date decline of 55.35% and a one-year drop of 64.36%. The company has reported operating losses and a weak ability to service its debt, which is compounded by a fall in net sales of 15.02% and negative results over the last two consecutive quarters. This combination of factors contributes to a perception of risk surrounding the stock, despite its recent uptick.
In the broader market context, EKI Energy's short-term return of 2.49% over the past week significantly outpaces the Sensex's return of 0.53% during the same period. However, the stock's long-term performance has been consistently poor, underperforming against the benchmark over the last three years. The company's negative financial results and weak fundamentals suggest that while there may be short-term gains, the overall sentiment remains cautious due to its historical underperformance and ongoing operational challenges.