Why is FratelliVineyard falling/rising?

As of 04-Jul, Fratelli Vineyards Ltd's stock price is rising, currently at Rs 157.00, reflecting an increase of Rs 7.0 or 4.67%. The stock has been gaining momentum, having outperformed its sector by 12.38% today and achieving a consecutive gain over the last three days with a total return of 16.73%. It opened with a gap up of 5.53% and reached an intraday high of Rs 158.3. However, despite this recent positive movement, the company faces significant challenges, including operating losses and a high Debt to EBITDA ratio of 10.95 times, which indicates a weak long-term fundamental strength. The company has reported negative results for the last two consecutive quarters, with a drastic fall in PAT and operating profit, contributing to its risky trading status.
In the broader market context, while Fratelli Vineyards has shown a strong short-term return of 16.30% over the past week, the benchmark Sensex has declined by 0.74% during the same period. This indicates that the stock is currently outperforming the market. However, it is important to note that the stock has underperformed over the longer term, with a year-to-date return of -52.99% compared to the Sensex's gain of 6.77%. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the company's prospects, further complicating its market position despite the recent price rise.