Why is Kaiser Corporat. falling/rising?

As of 20-Jun, Kaiser Corporation Ltd's stock price is currently at 7.89, reflecting an increase of 0.06 or 0.77%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 5.62%. It has outperformed its sector by 0.66% today, and there has been a notable increase in investor participation, with delivery volume rising by 177.04% compared to the 5-day average. However, despite these short-term gains, the company faces significant challenges, including operating losses and a high Debt to EBITDA ratio of 4.92 times, which indicates a low ability to service its debt. The stock has also consistently underperformed against benchmarks over the last three years, with a one-year return of -27.68% and a negative EBITDA, raising concerns about its long-term fundamental strength.
In the broader market context, while Kaiser Corporation's stock has increased by 18.83% over the past month, it has still lagged behind the Sensex, which has gained 1.50% in the same period. The stock's year-to-date performance shows a substantial increase of 25.84%, significantly outperforming the Sensex's 5.46% gain. However, the stark contrast in performance over the longer term, particularly the -88.82% return over three years compared to the Sensex's +59.71%, highlights the volatility and risks associated with investing in Kaiser Corporation. This underperformance against the benchmark, coupled with the company's weak financial metrics, suggests that while there may be short-term gains, the long-term outlook remains precarious.