Why is Hind.Fluoro Carb falling/rising?

As of 17-Sep, Hindustan Fluoro Carbons Ltd is experiencing a price increase, currently trading at 16.00, which reflects a rise of 0.35 or 2.24%. The stock has shown positive performance today, outperforming its sector by 2.41%. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. However, despite these short-term gains, the company has a negative book value and weak long-term fundamental strength, with net sales declining at an annual rate of -100.00% and operating profit stagnating at 0% over the last five years. Additionally, the stock has underperformed over the past year, with a return of -17.53%, significantly worse than the broader market's decline of -0.46%.
In the broader market context, Hindustan Fluoro Carbons Ltd has outperformed the Sensex in the short term, with a 1-week return of +2.70% compared to the Sensex's +1.56%. However, the company's long-term performance remains concerning, as it has generated no year-to-date returns while the Sensex has risen by 5.83%. The high debt levels and negative EBITDA further contribute to the stock's risk profile, suggesting that while there may be short-term upward movement, the underlying fundamentals present significant challenges that could impact future performance.