Why is EKI Energy falling/rising?

As of 22-Sep, EKI Energy Services Ltd is currently priced at 116.20, reflecting a slight increase of 0.05 (0.04%). The stock has outperformed its sector today by 1.09%, although it remains lower than the 50-day, 100-day, and 200-day moving averages, indicating mixed performance in the short term. Over the past week, the stock has shown a return of +3.29%, while its performance over the last month is +2.56%. However, the company has reported significant operating losses and a weak ability to service its debt, with a negative EBIT to Interest ratio of -20.65. Additionally, the company has declared negative results for the last two consecutive quarters, with a notable fall in net sales of -15.02%, contributing to a year-to-date decline of -54.98% against a +5.15% gain in the benchmark.
In the broader market context, while EKI Energy has outperformed the Sensex in the short term, its long-term performance has been concerning, with a staggering -63.26% return over the past year compared to the benchmark's -2.82%. This consistent underperformance over the last three years, coupled with a negative EBITDA and declining investor participation, suggests that the stock is trading at risky valuations. Despite a slight uptick in price today, the overall financial health of the company, characterized by operating losses and declining sales, casts a shadow over its future performance.