Why is Kati patang Life falling/rising?

As of 09-Jul, Kati Patang Lifestyle Ltd's stock price is currently at Rs 24.20, reflecting an increase of 1.15 or 4.99%. Today, the stock opened with a gain of 5.73% and reached an intraday high of Rs 24.38, indicating strong performance within the trading day. However, despite this positive movement, the stock has shown a decline of 1.26% over the past week and a significant drop of 9.19% over the past month. While the stock has delivered impressive returns of 296.07% over the past year and 860.32% over the past three years, concerns about the company's long-term fundamentals persist, including operating losses and a negative EBITDA, which may contribute to investor caution despite the recent price increase.
In the broader market context, Kati Patang Lifestyle Ltd's recent performance has outpaced the Sensex, which has only gained 0.15% over the past week. However, the stock's declining delivery volume and falling investor participation suggest a potential lack of confidence among investors, despite its historical returns. The company's weak long-term growth prospects, highlighted by a poor EBIT to interest ratio and declining profits, may overshadow its short-term gains, leading to a mixed outlook for the stock.