Why is Keerthi Indus falling/rising?

As of 28-Aug, Keerthi Industries Ltd is experiencing a price increase, currently at Rs 75.80, reflecting a rise of Rs 3.65 or 5.06%. The stock has shown strong performance recently, gaining 13.64% over the last two days and outperforming its sector by 5.88% today. Despite this short-term gain, the stock has a concerning long-term outlook, with a significant decline of 36.30% over the past year and a negative EBITDA, indicating financial instability. The company's weak fundamentals, including a -217.26% CAGR growth in operating profits over the last five years and a poor EBIT to Interest ratio of 0.47, contribute to its risk profile. Additionally, the high percentage of pledged promoter shares, which has increased by 4.61% in the last quarter, adds downward pressure on the stock.
In the broader market context, while Keerthi Industries has outperformed the Sensex by 13.10% over the past week, the benchmark index has seen a decline of 2.34%. This stark contrast highlights the stock's recent resilience despite its long-term underperformance against the benchmark over the last three years. The company's ability to attract investor participation, as evidenced by a significant increase in delivery volume, suggests some market confidence, but the overall weak financial indicators and consistent underperformance raise concerns about its sustainability in the long run.