Why is Keerthi Indus falling/rising?

As of 26-Sep, Keerthi Industries Ltd's stock price is currently at Rs 73.00, reflecting an increase of Rs 1.97 or 2.77%. Today, the stock opened with a significant gain of 6.98% and reached an intraday high of Rs 75.99, indicating strong initial interest. However, the stock has shown erratic trading patterns, having not traded on one day out of the last twenty, and the weighted average price suggests more volume was traded closer to the day's low of Rs 69.1. Despite today's positive movement, the stock has underperformed significantly over the longer term, with a year-to-date return of -17.05% and a one-year return of -33.70%. The company's weak long-term fundamentals, including a -217.26% CAGR growth in operating profits over the last five years and a negative EBITDA, contribute to its classification as a strong sell.
In the broader market context, Keerthi Industries has outperformed the Sensex by 4.24% today, contrasting with the benchmark's decline of -2.66% over the past week. However, the stock's long-term performance remains concerning, as it has consistently underperformed against the benchmark over the last three years. The high percentage of pledged promoter shares (44.65%) adds to the risk, particularly in a declining market, and the recent drop in delivery volume by -71.85% against the five-day average indicates falling investor participation. Overall, while the stock has seen a short-term rise, the underlying fundamentals and market conditions suggest a precarious position moving forward.