Why is Gini Silk Mills falling/rising?

As of 08-Jul, Gini Silk Mills Ltd has experienced a significant rise in its stock price, currently at Rs 92.60, reflecting an increase of 15.95 or 20.81%. Today's price movement indicates a trend reversal as the stock has gained after four consecutive days of decline. It opened with a gain of 3.07% and reached an intraday high of Rs 92.60. The stock has outperformed its sector by 18.98% today, despite a high volatility of 7.93%. However, the company faces challenges, including weak long-term fundamental strength with a -39.78% CAGR growth in operating profits over the last five years and a poor EBIT to interest ratio of -0.40, indicating difficulties in servicing its debt. Additionally, the stock has underperformed significantly over the past year, generating a return of -41.65%, while its profits have fallen by -32.3%.
In the broader market context, Gini Silk Mills' short-term return of +9.99% over the past week contrasts sharply with the Sensex, which has only increased by 0.02% during the same period. While the stock has shown some positive momentum recently, its long-term performance remains concerning, as evidenced by its substantial underperformance relative to the market over the past year. The stock's current valuation is considered expensive with a Price to Book Value of 1, and despite trading at a discount compared to peers, the weak return on equity of 2.76% signifies low profitability per unit of shareholders' funds.