Why is Kesoram Inds. falling/rising?

As of 17-Sep, Kesoram Industries Ltd is experiencing a price increase, currently at 5.77, with a change of 0.27, reflecting a rise of 4.91%. The stock has shown a strong performance today, outperforming its sector by 3.92% and achieving consecutive gains over the last three days, resulting in a total return of 15.63% during this period. However, despite this short-term positive movement, the company faces significant challenges, including operating losses and a weak long-term fundamental strength, as evidenced by a net sales decline of -36.32% and an operating profit drop of -228.76% over the past five years. Additionally, the stock is characterized by high debt, with a debt-to-equity ratio averaging 7.87 times, and a negative EBITDA, which indicates a risky investment profile.
In the broader market context, Kesoram Industries has outperformed the Sensex in the short term, with a 1-week return of +9.28% compared to the Sensex's +1.56%. However, the stock's long-term performance is concerning, with a staggering -97.36% return over the past year, significantly underperforming the benchmark indices. Furthermore, there has been a decline in institutional investor participation, which has decreased by -9.72% in the previous quarter, suggesting a lack of confidence from more sophisticated investors. This combination of short-term gains against a backdrop of long-term struggles and declining institutional interest contributes to the stock's volatile nature.