Why is G G Engineering falling/rising?

As of 31-Jul, G G Engineering Ltd's stock price is currently at 0.55, reflecting an increase of 0.01 or 1.85%. The stock has shown a positive trend recently, gaining for three consecutive days and achieving a return of 5.77% over the past month. However, despite this short-term performance, the company faces significant challenges, including operating losses and a high Debt to EBITDA ratio of 3.98 times, indicating a weak long-term fundamental strength. Additionally, the stock's delivery volume has decreased by 51.72% compared to the five-day average, suggesting falling investor participation, which could impact future price movements.
In the broader market context, G G Engineering's recent performance stands in contrast to the benchmark Sensex, which has declined by 1.22% over the past week. While the stock has outperformed its sector by 3.63% today, its year-to-date performance remains concerning, with a staggering decline of 68.75%. The significant drop in the stock's value over the past year, coupled with a negative EBITDA and flat financial results, highlights the risks associated with investing in this company, despite its recent price increase.