Why is Hindoo. Mills falling/rising?

As of 22-Aug, Hindoostan Mills Ltd's stock price is currently at Rs 193.95, reflecting an increase of Rs 8.15 or 4.39%. The stock has shown a positive performance today, outperforming its sector by 6.27% and reaching an intraday high of Rs 195. Despite this daily gain, the stock has underperformed in the longer term, with a year-to-date decline of 9.54% and a staggering 36.82% drop over the past year. The company is facing significant challenges, including operating losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -6.86. Additionally, the company reported a net profit loss of Rs -23.31 million, which has grown at an alarming rate of -6,503.85%, and its raw material costs have increased by 47.53% year-over-year.
In the broader market context, while the Sensex has gained 0.88% over the past week, Hindoostan Mills has seen a slight decline of 0.28% in the same period. This indicates that the stock's recent rise may not be indicative of a broader recovery, especially given its substantial underperformance compared to the market over the past year. The stock's liquidity appears sufficient for trading, but the overall negative sentiment surrounding its financial health and operational performance suggests that the recent price increase may not be sustainable in the long term.