Why is Kesoram Inds. falling/rising?

As of 11-Jul, Kesoram Industries Ltd is experiencing a price increase, currently at 5.95, reflecting a change of 0.28 or 4.94% upward. The stock has shown a strong performance today, outperforming its sector by 4.96% and achieving consecutive gains over the last three days, totaling a return of 15.53%. However, despite this short-term positive movement, the stock has significantly underperformed over longer periods, with a year-to-date decline of 97.27% and a one-year drop of 97.19%. The company faces challenges such as operating losses, a high debt-to-equity ratio, and negative results over the last three quarters, which contribute to its weak long-term fundamental strength.
In the broader market context, while Kesoram Industries has shown a short-term return of 6.44% over the past week, the benchmark Sensex has declined by 1.12% during the same period, indicating a relative outperformance. However, the stock's long-term performance is concerning, as it has underperformed the market significantly over the past year, with the BSE500 generating a return of 0.52%. The high institutional holdings at 20.95% suggest that knowledgeable investors are monitoring the company's fundamentals closely, but the overall negative financial indicators and risky trading conditions may overshadow the recent gains.