Why is Karnavati Financ falling/rising?

As of 12-Jun, Karnavati Finance Ltd is experiencing a price increase, currently at 2.07, reflecting a rise of 0.02 or 0.98%. The stock has shown a positive performance today, outperforming its sector by 2.88% and has been on a consecutive gain streak for the last four days, accumulating a total return of 5.08% during this period. Despite this short-term gain, the stock has a concerning long-term outlook, with a high Debt to EBITDA ratio of 6.94 times and an average Return on Equity of only 1.67%, indicating low profitability. The company has also reported operating losses, with its PBDIT and EPS at their lowest levels, contributing to a negative EBITDA and overall weak long-term fundamental strength.
In the broader market context, Karnavati Finance's recent performance contrasts with the benchmark, as it has achieved a 4.02% return over the past week while the Sensex has only increased by 0.31%. However, the stock's year-to-date performance remains negative at -3.72%, while the Sensex has gained 4.55%. This disparity highlights the stock's underperformance over a longer timeframe, particularly as it has lagged behind the BSE 500 in returns over the past year and three years. Despite the recent uptick, the overall trend indicates that the stock has struggled significantly in the long term, which may temper investor enthusiasm.