Why is Hindoo. Mills falling/rising?

As of 13-Aug, Hindoostan Mills Ltd's stock price is currently at Rs 193.90, reflecting an increase of Rs 11.8 or 6.48%. Today's price movement indicates a positive trend, as the stock has outperformed its sector by 5.7% and opened with a significant gain of 7.06%. Despite this upward movement, the stock has shown a consistent underperformance over the past year, with a return of -32.10% compared to the benchmark. The company is facing challenges, including operating losses and a weak ability to service its debt, which has contributed to its negative return on capital employed (ROCE). Additionally, the stock's delivery volume has significantly decreased, indicating falling investor participation, which may impact future price movements.
In the broader market context, Hindoostan Mills' short-term return of +0.62% over the past week contrasts with the Sensex, which has remained nearly flat at -0.01%. This suggests that while the stock has gained in the short term, it still lags behind the benchmark in longer time frames, with a -9.56% return year-to-date compared to the Sensex's +3.07%. The company's weak long-term fundamentals, including a negative EBITDA and substantial declines in net sales and profits, further complicate its outlook, despite the recent price increase. Overall, while the stock is experiencing a temporary rise, the underlying financial issues and historical performance suggest caution for investors.