Why is Kaiser Corporat. falling/rising?

As of 19-Sep, Kaiser Corporation Ltd's stock price is currently at 5.57, reflecting an increase of 0.03 or 0.54%. The stock has shown a positive performance today, aligning with sector trends, and is trading above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 137.93% compared to the 5-day average. However, the company is facing substantial challenges, including operating losses, a high debt-to-EBITDA ratio of 4.92 times, and a negative return on equity of 5.84%, indicating low profitability. Furthermore, the promoters have reduced their stake by 4.4%, which may signal a lack of confidence in the company's future prospects.
In the broader market context, Kaiser Corporation's stock has outperformed the Sensex in the short term, with a 4.50% increase over the past week compared to the benchmark's 0.88% rise. Despite this recent uptick, the stock has significantly underperformed over longer periods, with a year-to-date decline of 11.16% and a staggering 35.68% drop over the past year. This consistent underperformance, coupled with negative financial results and a reduction in promoter confidence, suggests that while there may be short-term gains, the overall outlook for Kaiser Corporation remains precarious.