Why is Evexia Lifecare falling/rising?

As of 22-Jul, Evexia Lifecare Ltd's stock price is currently at 2.27, reflecting an increase of 0.06 or 2.71%. The stock has shown a trend reversal by gaining after three consecutive days of decline, outperforming its sector by 2.5% today. However, despite this short-term gain, the stock has underperformed significantly over longer periods, with a year-to-date decline of 34.20% and a 5-year drop of 82.08%. The company has reported positive results for the last five consecutive quarters, with net sales higher at Rs 72.02 crore and cash and cash equivalents at their highest level of Rs 5.27 crore. Nevertheless, the stock is burdened by high debt and weak long-term fundamentals, indicated by a negative annual growth rate in net sales and a low return on equity.
In the broader market context, while Evexia Lifecare's stock has risen today, it has still underperformed compared to the Sensex, which has gained 5.18% year-to-date. The stock's recent performance, with a 1-week return of -1.73% compared to the Sensex's -0.47%, highlights its struggles in the market. The rising investor participation, evidenced by a 47.31% increase in delivery volume, suggests some renewed interest, but the overall long-term outlook remains concerning due to the company's high debt levels and poor profitability metrics.