Why is Kanco Tea falling/rising?

As of 12-Aug, Kanco Tea & Industries Ltd is experiencing a price increase, with its current price at Rs 64.25, reflecting a change of 0.72 or 1.13% upward. Despite this daily gain, the stock has shown a negative trend over the past week, month, and year, with returns of -0.83%, -9.38%, and -14.84% respectively, significantly underperforming the benchmark Sensex during these periods. The stock is currently trading lower than its moving averages across various time frames, indicating a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 78.01% against the 5-day average, suggesting some renewed interest in the stock. The company's long-term fundamentals remain weak, highlighted by a -193.01% CAGR growth in operating profits over the last five years and a poor EBIT to Interest ratio of 0.36, which raises concerns about its ability to service debt.
In the broader market context, Kanco Tea's short-term performance has been less favorable compared to the Sensex, which has seen a decline of only -0.59% over the past week. The stock's consistent underperformance against the benchmark over the last three years, coupled with a negative EBITDA and low profitability per unit of shareholders' funds, paints a concerning picture for potential investors. While the stock has outperformed its sector today, the overall trend remains negative, with significant losses year-to-date and over the past year, indicating that despite today's rise, the stock is still facing considerable challenges in the market.