Why is Khyati Multimed. falling/rising?

As of 23-Jun, Khyati Multimedia Entertainment Ltd is currently priced at 4.20, reflecting a decrease of 0.04 or 0.94%. Despite a recent performance showing a 13.51% increase over the past week and a 5.00% rise over the past month, the stock has underperformed its sector by 0.48% today. The company is trading above its moving averages across various time frames, indicating some positive momentum. However, the company faces significant challenges, including operating losses and a weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of -0.26. Additionally, the company has reported a drastic decline in profitability, with a return on equity of only 1.84% and a staggering 99% drop in profits over the past year.
In the broader market context, while Khyati Multimedia has shown strong short-term returns compared to the benchmark Sensex, which has only increased by 0.12% over the past week, the stock's year-to-date performance is concerning, with a decline of 17.97% compared to the Sensex's gain of 4.81%. This disparity highlights the stock's volatility and the risks associated with its current financial health. The majority of shareholders being non-institutional may also contribute to the stock's instability, as it suggests a lack of institutional support that could stabilize the stock price in turbulent times. Overall, the combination of short-term gains against a backdrop of long-term financial weakness is contributing to the stock's current downward movement.