Why is Kati patang Life falling/rising?

As of 19-Aug, Kati Patang Lifestyle Ltd's stock price is currently at 21.70, reflecting an increase of 0.21 or 0.98%. The stock has shown a trend reversal by gaining after two consecutive days of decline. However, it is trading below all its moving averages, indicating a bearish trend. Despite a strong year-to-date return of 48.83% and a remarkable 238.53% increase over the past year, the stock has experienced a significant drop of 11.93% over the last month. The recent performance is tempered by a notable decline in investor participation, with delivery volume falling by 75.65% compared to the five-day average. Additionally, the company has reported operating losses and a weak ability to service its debt, which raises concerns about its long-term fundamental strength. In the broader market context, Kati Patang Lifestyle Ltd has underperformed compared to the benchmark Sensex over the past week, with the stock gaining only 0.46% while the Sensex rose by 1.76%. The stock's performance is particularly striking given that the broader market (BSE500) has generated negative returns of -0.91% over the last year, highlighting the stock's ability to outperform despite its challenges. However, the company's negative EBITDA and declining profits, which have fallen by 67% over the past year, contribute to the perception of risk surrounding the stock, suggesting that while it has had impressive returns, the underlying financial health may be a cause for concern.