Why is Kaiser Corporat. falling/rising?

As of 11-Sep, Kaiser Corporation Ltd's stock price is currently at 5.44, reflecting a slight increase of 0.02 (0.37%). The stock has been gaining for the last two days, with a total return of 1.3% during this period. However, despite this short-term gain, the stock has shown significant underperformance over the longer term, with a year-to-date decline of 13.24% and a staggering drop of 38.95% over the past year. The company's financial health is concerning, highlighted by operating losses, a high Debt to EBITDA ratio of 4.92, and a negative EBITDA, which collectively indicate weak long-term fundamental strength. Additionally, promoter confidence appears to be waning, as they have reduced their stake by 4.4% in the last quarter.
In the broader market context, Kaiser Corporation's recent performance is somewhat in line with the sector, as indicated by its 1-week return of 2.84% compared to the Sensex's 1.03%. However, the stock's liquidity is limited, with a significant drop in delivery volume by 63.66% against the 5-day average. This suggests that while there may be some short-term interest, the overall market sentiment remains cautious, particularly given the company's consistent underperformance against benchmarks over the last three years. The combination of weak financial indicators and declining promoter confidence contributes to a challenging outlook for the stock, despite its recent minor gains.