Why is Euro Leder Fash falling/rising?

As of 24-Jun, Euro Leder Fashion Ltd's stock price is currently at Rs 22.00, reflecting an increase of Rs 1.0 or 4.76%. The stock has shown a strong performance today, outperforming its sector by 3.78% and achieving a consecutive gain over the last three days with a total return of 10.28%. However, despite this recent uptick, the stock has a concerning long-term outlook, evidenced by a -23.86% CAGR growth in net sales over the past five years and a high Debt to EBITDA ratio of -1.00 times, indicating low ability to service debt. Additionally, the company has generated a low average Return on Equity of 2.38%, suggesting weak profitability per unit of shareholders' funds, which may contribute to investor caution despite the recent price rise.
In the broader market context, Euro Leder Fashion Ltd has significantly outperformed the Sensex in the short term, with a 12.59% return over the past week compared to the Sensex's 0.58%. However, the stock's year-to-date performance remains negative at -14.40%, contrasting with the Sensex's positive return of 5.01%. This discrepancy highlights the stock's volatility and the challenges it faces in maintaining investor confidence, particularly given its negative operating profits and underperformance relative to the BSE 500 over various time frames. Overall, while the stock is experiencing a short-term rise, the underlying fundamentals suggest a cautious outlook for potential investors.