Why is Kati patang Life falling/rising?

As of 01-Aug, Kati Patang Lifestyle Ltd's stock price is currently at 22.80, reflecting an increase of 0.99 or 4.54%. The stock has shown a trend reversal, gaining after three consecutive days of decline. Despite this recent uptick, Kati Patang is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has outperformed its sector by 6.14% today, with a notable increase in delivery volume, which rose by 102.99% compared to the 5-day average. However, the company faces significant challenges, including operating losses and weak long-term fundamental strength, as evidenced by a poor EBIT to Interest ratio and a decline in operating profit over the past five years.
In the broader market context, Kati Patang's stock has underperformed the benchmark Sensex over the past week and month, with returns of -2.56% and -5.12% respectively, while the Sensex has declined by only -1.06% and -3.70%. Despite a strong year-to-date return of +56.38% compared to the Sensex's +3.15%, the stock's recent performance highlights its volatility and the risks associated with its negative EBITDA and declining profits. This combination of short-term gains amidst long-term weaknesses suggests that while there may be temporary upward movements, the overall outlook remains cautious due to the company's financial instability.