Why is Hindoo. Mills falling/rising?

As of 02-Sep, Hindoostan Mills Ltd's stock price is currently at 193.00, reflecting an increase of 3.0 (1.58%). The stock has been on a positive trajectory, gaining for the last four days and achieving a return of 6.57% over the past week, outperforming its sector by 1.94%. However, despite this recent uptick, the company faces significant challenges, including operating losses and a weak long-term fundamental strength, as indicated by a poor EBIT to Interest ratio of -6.86 and negative return on capital employed (ROCE). The company has reported substantial declines in both net sales and profit after tax, which have decreased by 72.72% and 43.84%, respectively, over the latest six months. Additionally, the stock is considered risky due to negative EBITDA and consistent underperformance against benchmarks over the past three years.
In the broader market context, Hindoostan Mills has outperformed the Sensex in the short term, with a 1W return of +6.57% compared to the benchmark's -0.78%. However, the stock's year-to-date performance remains concerning, with a decline of 9.98% while the Sensex has gained 2.58%. This divergence highlights the stock's volatility and the challenges it faces despite recent gains. The liquidity of the stock appears adequate, with a delivery volume increase of 75.35% against the 5-day average, suggesting some investor interest. Nonetheless, the overall negative financial indicators and historical underperformance indicate that the stock's recent rise may not be sustainable in the long term.