Why is Flexituff Vent. falling/rising?

As of 20-Aug, Flexituff Ventures International Ltd is experiencing a price increase, with its current price at Rs 19.30, reflecting a rise of 0.91 or 4.95%. Despite this uptick, the stock has faced significant challenges, having hit a new 52-week low of Rs 17.48 earlier in the day. The stock has outperformed its sector by 6.6% today, marking a trend reversal after 16 consecutive days of decline. However, it is important to note that the stock has underperformed significantly over various periods, with a 1-week return of -9.64% and a staggering -72.80% year-to-date. The company's financial health is concerning, characterized by a high debt-equity ratio of 15.34 times and a negative EBITDA, indicating weak long-term fundamentals and low profitability.
In the broader market context, the Sensex has shown a positive return of 1.64% over the past week, contrasting sharply with Flexituff's recent performance. The stock's liquidity appears adequate, with a delivery volume increase of 48.28% against the 5-day average, suggesting some renewed investor interest. However, the overall sentiment remains negative due to the company's persistent negative results over the last 12 quarters and the high percentage of pledged promoter shares, which can exert additional downward pressure in a declining market. Thus, while there is a slight rise in the stock price today, the underlying factors indicate a precarious situation for Flexituff Ventures International Ltd.