Why is John Cockerill falling/rising?

As of 02-Jul, John Cockerill India Ltd's stock price is currently at 3,491.05, reflecting an increase of 65.15 or 1.9%. Today's performance indicates a trend reversal as the stock has gained after four consecutive days of decline, outperforming its sector by 1.77%. The stock reached an intraday high of Rs 3,619.6, marking a 5.65% increase. However, despite this short-term uptick, the stock has underperformed significantly over the past month and year, with returns of -8.82% and -40.89%, respectively. The company's financial health raises concerns, as it has reported operating losses for the last five quarters, negative cash flow, and a weak ability to service its debt, which contributes to its classification as a strong sell.
In the broader market context, the stock's recent rise contrasts with its overall performance, as it has lagged behind the benchmark Sensex, which has gained 0.79% over the past week. While the stock has shown some positive movement today, its long-term returns remain troubling, with a -16.88% year-to-date performance compared to the Sensex's +6.75%. The lack of domestic mutual fund investment further indicates a lack of confidence in the company's prospects, suggesting that while there may be short-term fluctuations, the underlying fundamentals continue to present significant risks for investors.