Why is Indergiri Fin. falling/rising?

As of 04-Aug, Indergiri Finance Ltd's stock price is currently at 20.30, reflecting an increase of 0.96 or 4.96%. The stock has shown a positive performance today, outperforming its sector by 3.34% and has been on a consecutive gain for the last two days, resulting in a total return of 10.21% during this period. However, the stock has faced significant challenges, with a one-month return of -19.57% and a staggering one-year return of -59.33%. The company is experiencing operating losses and has a weak long-term fundamental strength, with its operating profit declining at an annual rate of -182.83%. Additionally, the stock's negative EBITDA and poor performance in recent quarters, including a PAT drop of -1575.7%, contribute to its risky trading status.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has underperformed significantly over the past year, where the BSE500 index generated a return of -2.34%. While the stock has gained in the short term, its long-term trajectory remains concerning, with a notable decline in investor participation and liquidity issues. The stock's current price movement, despite the recent gains, is overshadowed by its historical performance and the ongoing operational challenges faced by the company.