Why is Kallam Textiles falling/rising?

As of 03-Sep, Kallam Textiles Ltd is experiencing a price increase, currently at 3.93, reflecting a change of 0.13 or 3.42% upward. Despite this positive movement today, the stock has shown a significant decline over the longer term, with a year-to-date drop of 30.44% and a staggering 50.81% decrease over the past year. Today's performance indicates that the stock has outperformed its sector by 2.73%, and there has been a notable rise in investor participation, with delivery volume increasing by 36.07% against the 5-day average. However, the stock's moving averages indicate it is still below the longer-term averages, suggesting ongoing challenges. The company is facing operational losses, a high debt-to-EBITDA ratio of 10.79, and a low return on equity of 1.26%, which contribute to its weak long-term fundamental strength.
In the broader market context, Kallam Textiles has underperformed against the benchmark, with a 1-week return of +0.26% compared to the Sensex's -0.27%. This short-term outperformance contrasts sharply with its long-term trends, where it has consistently lagged behind the BSE500 over the past three years. The stock's negative EBITDA and high debt levels further exacerbate its risk profile, making it a risky investment despite today's price increase. Overall, while there is a slight uptick in price today, the underlying financial health of Kallam Textiles remains concerning, overshadowing any short-term gains.