Why is Kakatiya Cement falling/rising?

As of 10-Jul, Kakatiya Cement Sugar & Industries Ltd's stock price is currently at Rs 160.70, reflecting an increase of Rs 3.15 or 2.0%. The stock has shown a trend reversal today, gaining after four consecutive days of decline. It has outperformed its sector by 2.58% and reached an intraday high of Rs 160.70. Despite this positive movement, the stock has had a challenging performance over the past year, with a return of -36.53%, and has consistently underperformed against the benchmark indices over the last three years. The company's financial health is concerning, as it has reported operating losses and negative results for the last four quarters, with significant declines in net sales and profitability metrics.
In the broader market context, while Kakatiya Cement's stock has risen today, its one-week performance shows a decline of -2.01%, contrasting with the Sensex, which has remained relatively flat at -0.06%. This indicates that the stock's short-term recovery is not reflective of a broader market trend. The company's weak long-term fundamentals, including a poor EBIT to interest ratio and negative EBITDA, suggest that the recent price increase may not be sustainable. Overall, despite today's rise, the stock's long-term outlook remains risky due to its ongoing financial struggles and historical underperformance.