Why is Kakatiya Cement falling/rising?

As of 03-Sep, Kakatiya Cement Sugar & Industries Ltd is experiencing a price increase, currently at Rs 159.50, reflecting a rise of Rs 6.45 or 4.21%. The stock has outperformed its sector by 4.06% today and has shown consecutive gains over the last two days, with a total return of 6.33% during this period. Despite these positive short-term movements, the company faces significant challenges, including operating losses and a weak long-term fundamental strength, as evidenced by a poor EBIT to Interest ratio of 0.26 and a low Return on Equity of 1.87%. The company has reported negative results for the last five consecutive quarters, with net sales and profit after tax both declining by 25.42%. Additionally, the stock has consistently underperformed against benchmarks over the past three years, generating a return of -29.64% in the last year.
In the broader market context, Kakatiya Cement's short-term performance contrasts sharply with the benchmark, as it has gained 7.05% over the past week while the Sensex has declined by 0.27%. This indicates a strong relative performance in the short term, despite the company's long-term struggles. The rising investor participation, with a significant increase in delivery volume, suggests a growing interest in the stock, which may be contributing to its recent price rise. However, the overall negative financial indicators and consistent underperformance against the benchmark highlight the risks associated with investing in this stock.