Why is Kalyan Capitals falling/rising?

As of 14-Jul, Kalyan Capitals Ltd is experiencing a price increase, currently at 10.13, reflecting a rise of 0.74 or 7.88%. Today's performance indicates that the stock has outperformed its sector by 7.91%, marking a trend reversal after two consecutive days of decline. Despite this positive movement, the stock has shown a significant underperformance over the past year, with a return of -37.97%. The company has a high debt level and weak long-term fundamental strength, as evidenced by a poor EBIT to Interest ratio of 1.54 and a low Return on Equity of 9.03%. Additionally, while the stock is trading at a discount compared to its peers, its profits have fallen by 59%, contributing to investor caution.
In the broader market context, Kalyan Capitals has outperformed the benchmark Sensex in the short term, with a 1-week return of +1.30% compared to the Sensex's -1.42%. However, the stock has consistently underperformed against the benchmark over the last three years, which may contribute to a cautious outlook among investors. The liquidity of the stock is adequate for trading, but a significant drop in delivery volume by 58.22% against the 5-day average indicates a decline in investor participation, which could affect future price movements. Overall, while the recent price increase may suggest a temporary recovery, the underlying financial challenges and historical underperformance remain significant concerns.