Why is Golden Tobacco falling/rising?

As of 25-Jun, Golden Tobacco Ltd's stock price is currently at Rs 35.84, reflecting an increase of Rs 1.34 or 3.88%. Today, the stock opened with a gain of 2% and reached an intraday high of Rs 35.98, outperforming its sector by 3.28%. However, despite this positive movement, the stock has shown a significant decline over the past week, month, and year, with returns of -6.40%, -2.79%, and -18.64% respectively. The company has not declared results in the last six months, which raises concerns about its long-term fundamental strength. Additionally, the stock is trading below its moving averages and has experienced a drastic drop in delivery volume, indicating falling investor participation.
In the broader market context, while Golden Tobacco's stock has risen today, it has consistently underperformed against the benchmark, with a notable decline of -56.29% over the last three years compared to a 56.95% increase in the Sensex. This underperformance is compounded by the company's weak financial results, including a significant drop in net sales and a high debt-to-equity ratio. The stock's recent gains may be seen as a short-term rebound, but the overall trend suggests a lack of confidence among investors, especially given the company's poor long-term growth prospects and the absence of recent financial disclosures.