Why is Kallam Textiles falling/rising?

As of 01-Sep, Kallam Textiles Ltd's stock price is currently at 3.88, reflecting an increase of 0.18 or 4.86%. Today's price summary indicates that the stock has outperformed its sector by 3.82% and has experienced a trend reversal after six consecutive days of decline. However, it is important to note that Kallam Textiles is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has been facing significant challenges, including operating losses and a high debt-to-EBITDA ratio of 10.79 times, which indicates a low ability to service its debt. Additionally, the stock has generated a return of -54.30% over the past year, and its profitability, as measured by return on equity, is low at 1.26%.
In the broader market context, Kallam Textiles has underperformed against the benchmark, with a 1-week return of -1.27% compared to the Sensex's -1.56%. Over the past year, while the stock has seen a significant decline, the benchmark has only fallen by -2.43%. This consistent underperformance over the last three years, coupled with negative financial results, suggests that the stock remains risky and may not attract long-term investors despite today's slight uptick. The increase in delivery volume indicates some rising investor participation, but the overall financial health of the company raises concerns about its long-term viability.