Why is Hindoo. Mills falling/rising?

As of 05-Sep, Hindoostan Mills Ltd is experiencing a price increase, currently at 192.00, reflecting a change of 2.05 or 1.08%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this short-term uptick, the stock has underperformed significantly over the past year, with a return of -34.25%. The company's financial health is concerning, as it has reported operating losses and a negative return on capital employed (ROCE). Additionally, the stock's liquidity appears adequate for trading, but there has been a notable decline in investor participation, with delivery volume dropping by 82.42% compared to the five-day average.
In the broader market context, Hindoostan Mills' short-term performance of +1.11% over the past week is slightly below the benchmark Sensex, which has gained +1.13%. While the stock has outperformed its sector today, its long-term fundamentals remain weak, with a poor EBIT to interest ratio and a significant decline in net sales. The company has consistently underperformed against the benchmark over the last three years, indicating ongoing challenges that may hinder its recovery despite the recent price increase.