Why is Euro Leder Fash falling/rising?

As of 30-Jun, Euro Leder Fashion Ltd's stock price is currently at 22.24, reflecting an increase of 0.49 or 2.25%. The stock has shown a strong performance recently, gaining 9.02% over the last three days and outperforming its sector by 2.8% today. However, despite this short-term gain, the company faces significant challenges, including a weak long-term fundamental strength indicated 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. Additionally, the stock has seen a decline in investor participation, with delivery volume dropping by 58.1% against the five-day average, which may signal a lack of confidence among investors.
In the broader market context, Euro Leder Fashion Ltd has outperformed the Sensex in the short term, with a 5.90% return over the past week compared to the Sensex's 2.09%. However, the stock's year-to-date performance is concerning, showing a decline of 13.46% while the Sensex has risen by 7.00%. This disparity highlights the stock's volatility and the risks associated with its weak profitability, as evidenced by a return on equity of only 2.38% and negative operating profits. Overall, while the stock has experienced a recent uptick, the underlying financial issues and declining investor interest suggest a cautious outlook moving forward.