Why is Keerthi Indus falling/rising?

As of 26-Jun, Keerthi Industries Ltd's stock price is currently at Rs 77.98, reflecting an increase of Rs 1.99 or 2.62%. The stock has shown a positive trend recently, gaining 9.34% over the last three days, despite opening with a loss of 4.58% today. It has outperformed its sector by 0.97%. However, the company has faced significant challenges, including operating losses and negative results for the last five consecutive quarters, which have led to a weak long-term fundamental strength. The stock has generated a return of -38.60% over the past year, and the company's ability to service its debt is weak, contributing to its risky trading status.
In the broader market context, Keerthi Industries has outperformed the Sensex in the short term, with a 6.82% return over the past week compared to the Sensex's 2.94%. However, the stock's long-term performance has been concerning, with a significant underperformance against the benchmark over the last three years. The company's pledged promoter shares and consistent negative EBITDA further add to the downward pressure on the stock price, indicating that while there may be short-term gains, the overall outlook remains risky and uncertain.