Why is FratelliVineyard falling/rising?

As of 09-Oct, Fratelli Vineyards Ltd is experiencing a price increase, currently at 129.95, reflecting a rise of 9.5 or 7.89%. The stock has shown a positive trend today, outperforming its sector by 7.02% and reversing a two-day decline. It reached an intraday high of Rs 131.65, indicating strong short-term momentum. However, despite this recent uptick, the company has faced significant challenges, including a 51.66% drop in net sales and negative results over the last three quarters, leading to a weak long-term fundamental strength characterized by a high debt-to-EBITDA ratio of 9.40 times and a low return on equity of 1.08%. The stock's performance over the past year has been poor, with a decline of 62.33%, which is substantially worse than the benchmark's negative return of 1.92%.
In the broader market context, while Fratelli Vineyards has shown a short-term gain of 9.85% over the past week, the overall trend remains concerning given its year-to-date decline of 61.09%. The stock's liquidity is adequate for trading, but the falling investor participation, with a 26.23% decrease in delivery volume, raises questions about sustained interest. Additionally, the absence of domestic mutual fund holdings suggests a lack of confidence in the company's prospects. Overall, while the stock is currently rising, the underlying financial issues and broader market performance indicate that this may be a temporary rebound rather than a sign of long-term recovery.