Why is John Cockerill falling/rising?

As of 03-September, John Cockerill India Ltd's stock price is currently at Rs 4,432.00, reflecting an increase of Rs 36.35 or 0.83%. The stock has shown a mixed performance recently, with a 1-week decline of 1.47% while gaining 3.52% over the past month. Today's trading saw the stock reach an intraday high of Rs 4,560, indicating a 3.74% increase at that point. However, the stock's performance is overshadowed by weak long-term fundamentals, including a staggering -268.42% CAGR growth in operating profits over the last five years and a negative EBIT to interest ratio of -0.32, which raises concerns about the company's ability to service its debt. Additionally, the stock has experienced a significant drop in profitability, with a return on equity averaging just 3.04%, and a negative EBITDA further complicates its financial outlook.
In the broader market context, John Cockerill's recent performance has outpaced the benchmark Sensex, which has seen a slight decline of 0.27% over the past week. Despite this short-term outperformance, the stock's long-term trajectory remains concerning, as it has underperformed the Sensex by 12.47% over the past year. The company's weak fundamentals and lack of investor confidence, evidenced by domestic mutual funds holding no stake, suggest that while the stock may be experiencing a temporary rise, the underlying issues could lead to further challenges ahead.