Why is Kamanwala Housin falling/rising?

As of 25-Aug, Kamanwala Housing Construction Ltd's stock price is rising, currently at Rs 23.25, reflecting an increase of Rs 1.21 or 5.49%. Today's price summary indicates that the stock has outperformed its sector by 4.71% and has experienced a trend reversal after six consecutive days of decline. It opened with a gain of 3.31% and reached an intraday high of Rs 23.25. Over the past month, the stock has shown a positive return of 7.39%, and it has significantly outperformed the benchmark over longer periods, including a 30.03% increase year-to-date and a remarkable 170.66% rise over the last three years. The company has also reported positive financial results for the last three consecutive quarters, with a substantial growth in profit after tax and high cash reserves, although it faces challenges with operating losses and a weak ability to service its debt.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has only gained 0.45% over the past week. While Kamanwala's stock has shown resilience and strong returns in the long term, its recent rise may be tempered by concerns regarding its long-term fundamental strength, particularly due to operating losses and negative EBITDA. Despite these risks, the stock's liquidity remains adequate for trading, and its recent gains suggest a potential recovery phase, even as investor participation has shown a decline.