Why is John Cockerill falling/rising?

As of 23-Jun, John Cockerill India Ltd's stock price is rising, currently at 3,550.05, reflecting an increase of 275.05 or 8.4%. The stock has outperformed its sector today by 7.05% and has experienced consecutive gains over the last two days, accumulating a total return of 10.61% during this period. Despite this positive short-term performance, the company faces significant challenges, including operating losses and a weak long-term fundamental strength, as indicated by a negative EBIT to Interest ratio of -2.04 and a low Return on Equity of 3.04%. The company has reported negative results for the last five consecutive quarters, with a substantial decline in net sales and profitability, which raises concerns about its sustainability and investor confidence.
In the broader market context, the stock's short-term return of 2.02% over the past week contrasts sharply with the Sensex, which has only increased by 0.12%. However, the stock has underperformed over the longer term, with a year-to-date decline of 15.48% compared to the Sensex's gain of 4.81%. The lack of domestic mutual fund investment, holding only 0% of the company, further suggests a lack of confidence in its prospects. While the stock is currently experiencing a rise, the underlying financial difficulties and negative trends in profitability could pose risks for future performance.