Why is Kakatiya Cement falling/rising?

As of 19-Aug, Kakatiya Cement Sugar & Industries Ltd's stock price is currently at Rs 159.00, reflecting an increase of Rs 2.65 or 1.69%. The stock has shown a positive trend recently, gaining 4.06% over the past week and outperforming its sector by 1.46%. It has experienced a consecutive gain for the last four days, reaching an intraday high of Rs 166.5. However, despite this short-term positive movement, the company faces significant challenges, including operating losses and a weak long-term fundamental strength, as indicated by a poor EBIT to Interest ratio of 0.26 and negative results for the last five consecutive quarters. The company's net sales and profit after tax have both declined by 25.42%, and it has consistently underperformed against benchmarks over the last three years.
In the broader market context, Kakatiya Cement's recent performance contrasts with the benchmark Sensex, which has increased by 1.76% over the past week. While the stock has shown short-term gains, its year-to-date performance remains negative at -14.61%, significantly underperforming the Sensex's positive return of 4.49% during the same period. This disparity highlights the stock's volatility and the risks associated with its current financial health, as it continues to struggle with profitability and debt servicing, making it a risky investment despite recent price increases.