Why is Future Lifestyle falling/rising?

As of 04-Jul, Future Lifestyle Fashions Ltd is experiencing a price increase, currently at 2.07, reflecting a rise of 0.09 or 4.55%. The stock has shown strong performance recently, gaining 23.21% over the past week and outperforming its sector by 6.5% today. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, despite these positive short-term movements, the company faces significant long-term challenges, including weak fundamental strength, a poor EBIT to Interest ratio of 0.77, and a low Return on Equity of 4.29%. The company has not declared results in the last six months, and its profitability has declined sharply, with a reported PAT of Rs -143.49 crore, indicating a troubling trend.
In the broader market context, while Future Lifestyle has outperformed the Sensex by a notable margin in the short term, it has consistently underperformed against the benchmark over the last three years, with a one-year return of -27.11% compared to the Sensex's 4.23%. This underperformance highlights the stock's volatility and risk, particularly given its significant drop in value over the past three and five years. The recent gains may be attributed to short-term trading momentum rather than a fundamental recovery, as the company continues to struggle with declining sales and profitability.