Why is Hind Aluminium falling/rising?

As of 05-Sep, Hind Aluminium Industries Ltd is experiencing a price increase, with the current price at 67.19, reflecting a change of 3.14 or 4.9% upward. Today's price summary indicates that the stock opened with a significant gain of 7.73%, reaching an intraday high of Rs 69, although it also touched a low of Rs 62.55 during the day. The stock has outperformed its sector by 3.89% today, and there has been a notable increase in investor participation, with delivery volume rising by 33.29% against the 5-day average. However, despite this positive movement, the company faces challenges such as operating losses and a weak ability to service its debt, which could impact long-term investor confidence.
In the broader market context, Hind Aluminium's short-term return of +7.50% over the past week significantly outpaces the Sensex's return of +1.13%. While the stock has shown some resilience in the short term, it has a year-to-date return of -8.83%, contrasting with the Sensex's +3.29%. This divergence highlights the stock's volatility and the risks associated with its weak fundamentals, including negative EBITDA and reliance on non-operating income, which could deter long-term investment despite its recent price rise.