Why is Karma Energy Ltd falling/rising?

As of 08-Jul, Karma Energy Ltd is currently priced at 71.00, reflecting a slight increase of 0.1 or 0.14%. Despite this minor uptick, the stock has underperformed its sector by 0.62% today and has shown erratic trading patterns, not trading on one day out of the last 20. Over the past week, the stock has decreased by 4.81%, although it has experienced a significant increase of 25.71% over the past month. The company is facing challenges, including operating losses and a high Debt to EBITDA ratio of 3.35 times, which indicates a low ability to service debt. Furthermore, the stock has generated a return of -4.20% over the past year, despite a 119% increase in profits, suggesting a disconnect between stock performance and profitability.
In the broader market context, the Sensex has shown a slight increase of 0.02% over the past week, contrasting with Karma Energy's decline. While the stock has outperformed the benchmark over longer periods, such as a 187.45% increase over three years compared to the Sensex's 53.65%, its recent performance indicates volatility and investor caution. The rising investor participation, evidenced by a 74.24% increase in delivery volume, suggests some interest in the stock, but the overall weak long-term fundamentals and negative operating profits contribute to a perception of risk among investors.