Why is Kanco Tea falling/rising?

As of 14-Nov, Kanco Tea & Industries Ltd is experiencing a price increase, currently at Rs 64.88, reflecting a rise of Rs 6.88 or 11.86%. The stock has shown strong performance today, outperforming its sector by 11.55% and gaining 12.74% over the last two days. It opened with a gain of 3.45% and reached an intraday high of Rs 69.6, indicating significant volatility with an intraday range of Rs 9.6. However, despite this short-term gain, the company has a concerning long-term outlook, with a -193.01% CAGR growth in operating profits over the past five years and a weak EBIT to interest ratio of 0.36, suggesting challenges in servicing its debt. The stock has consistently underperformed against benchmarks over the last three years, generating -23.70% returns in the past year.
In the broader market context, Kanco Tea's short-term return of +14.21% over the past week significantly outpaces the Sensex, which has only increased by +1.62%. This indicates a strong relative performance in the short term. However, the company's long-term fundamentals remain weak, with negative EBITDA and low profitability per unit of shareholders' funds, which could pose risks for future performance. The falling investor participation, as evidenced by a -78.93% drop in delivery volume, further complicates the stock's outlook despite its recent gains.