Why is Indian CardCloth falling/rising?

As of 04-Jul, Indian Card Clothing Company Ltd's stock price is currently at Rs 323.95, reflecting an increase of Rs 3.95 or 1.23%. The stock has shown a positive trend recently, gaining for the last three days with a total return of 7.06% during this period. It has outperformed its sector by 1.38% today and is trading above all its moving averages, indicating strong short-term momentum. However, despite a notable return of 18.27% over the past year, the company faces challenges such as operating losses and a weak ability to service its debt, which could impact investor sentiment negatively.
In the broader market context, the stock's short-term performance of +2.56% over the past week contrasts sharply with the Sensex, which has declined by 0.74% during the same period. While the stock has shown resilience in the short term, its long-term fundamentals remain weak, as indicated by its negative EBITDA and poor EBIT to Interest ratio. This combination of short-term gains against a backdrop of long-term financial challenges suggests that while the stock is currently rising, caution may be warranted for future performance.