Why is Indsil Hydro falling/rising?

As of 17-Jul, Indsil Hydro Power & Manganese Ltd is currently priced at 57.89, reflecting an increase of 0.89, or 1.56%. The stock has outperformed its sector by 2.3% today, although it has shown a decline of 0.58% over the past week. In terms of longer-term performance, the stock has increased by 25.79% over the past month, but it has underperformed over the past year with a decline of 3.08%. The company faces challenges, including operating losses and a high Debt to EBITDA ratio of 3.07 times, indicating a weak long-term fundamental strength. Additionally, the company has reported significant losses in its recent financial results, which may contribute to investor caution despite the recent price increase.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has declined by 1.12% over the past week. While Indsil Hydro has shown some positive movement in the short term, its overall returns have lagged behind the benchmark over the last three years, with a consistent underperformance noted. The stock's liquidity appears adequate for trading, but falling investor participation, as indicated by a decrease in delivery volume, may signal waning interest among investors. Overall, while there are short-term gains, the underlying financial issues and historical performance suggest caution moving forward.