Why is Kallam Textiles falling/rising?

As of 08-Sep, Kallam Textiles Ltd is currently priced at 4.03, reflecting a slight increase of 0.01 or 0.25%. The stock has been gaining for the last four days, with a total return of 6.05% during this period. However, it has underperformed its sector by 0.79% today. Despite this recent uptick, the stock's long-term performance remains concerning, with a year-to-date decline of 28.67% and a staggering 48.99% drop over the past year. The company is 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 consistently underperformed against benchmarks, with negative returns over the last three years.
In the broader market context, Kallam Textiles' recent short-term return of 3.87% over the past week contrasts sharply with the Sensex's modest gain of 0.53%. While the stock has shown some resilience in the short term, it is important to note the overall weak fundamentals and declining investor participation, as evidenced by an 83.21% drop in delivery volume compared to the five-day average. This suggests that while there may be temporary upward movements, the underlying financial health of the company remains weak, leading to a cautious outlook among investors.