Why is Keerthi Indus falling/rising?

As of 22-Sep, Keerthi Industries Ltd's stock price is currently at Rs 76.90, reflecting an increase of Rs 4.9 or 6.81%. The stock has shown a trend reversal by gaining after two consecutive days of decline, outperforming its sector by 6.49% today. Despite this short-term gain, the stock has had a challenging performance over the past year, with a return of -27.49%. The company's fundamentals are concerning, highlighted by a -217.26% CAGR growth in operating profits over the last five years and a negative EBITDA, indicating financial instability. Additionally, 44.65% of promoter shares are pledged, which can exert downward pressure on the stock in a falling market.
In the broader market context, Keerthi Industries has outperformed the benchmark Sensex in the short term, with a 1-week return of +2.67% compared to the Sensex's +0.46%. However, the stock has consistently underperformed against the benchmark over the last three years, which raises concerns about its long-term viability. The recent increase in stock price may be a temporary reaction to market conditions rather than a sign of recovery, especially given the weak long-term fundamentals and declining investor participation.