Why is Kesoram Inds. falling/rising?

As of 14-Jul, Kesoram Industries Ltd's stock price is currently at 6.21, reflecting an increase of 0.26 or 4.37%. The stock has shown a strong performance recently, gaining 20.58% over the last four days and outperforming its sector by 4.09% today. However, despite this recent uptick, the stock has a troubling long-term outlook, with a staggering year-to-date decline of 97.15% and a one-year drop of 97.07%. The company is facing significant challenges, including operating losses, a high debt-to-equity ratio, and negative EBITDA, which contribute to its weak long-term fundamental strength. Additionally, institutional investors have reduced their stakes, indicating a lack of confidence in the company's future prospects.
In the broader market context, Kesoram Industries has significantly underperformed compared to the benchmark, with the Sensex showing a modest gain of 5.27% year-to-date while Kesoram has plummeted. The stock's recent gains contrast sharply with its long-term performance, as it has consistently lagged behind the market over the past three and five years, with declines of 86.86% and 81.55%, respectively. This disparity highlights the stock's volatility and the risks associated with investing in it, despite the recent short-term gains.