Why is Kaiser Corporat. falling/rising?

As of 10-Jul, Kaiser Corporation Ltd's stock price is currently at 7.03, reflecting an increase of 0.22 or 3.23%. The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it has underperformed the benchmark significantly over the past year, with a return of -29.70% compared to the Sensex's +4.09%. The stock's performance today has outpaced its sector by 3.54%, but there is a concerning drop in investor participation, with delivery volume falling by 35.68% against the 5-day average. The company is facing challenges, including operating losses and a high Debt to EBITDA ratio of 4.92 times, which indicates a low ability to service its debt. Additionally, the company has reported negative EBITDA and a low average Return on Equity of 5.84%, suggesting weak long-term fundamental strength.
In the broader market context, while Kaiser Corporation's stock has seen a short-term rise, it has consistently underperformed against the benchmark over the last three years, with a staggering decline of 93.19% in that period. The stock's recent uptick comes amidst a backdrop of flat results and declining profitability, as evidenced by a net sales drop of 27.41% and a negative PAT. The overall market has shown resilience, with the Sensex gaining 6.46% year-to-date, contrasting sharply with Kaiser Corporation's performance. This disparity highlights the ongoing struggles of Kaiser Corporation in a market that is otherwise showing positive trends.