Why is Khyati Multimed. falling/rising?

As of 22-Jul, Khyati Multimedia Entertainment Ltd is experiencing a price increase, currently at 4.14, reflecting a rise of 0.19 or 4.81%. The stock has shown strong performance recently, outperforming its sector by 4.5% today and achieving a consecutive gain over the last two days with a total return of 9.81%. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. However, despite these short-term gains, 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 and a low Return on Equity of 1.84%. These factors contribute to a perception of risk, particularly given the stock's negative EBITDA and a dramatic profit decline of 99% over the past year.
In the broader market context, Khyati Multimedia's short-term return of +4.55% over the past week contrasts sharply with the Sensex, which has declined by 0.47% during the same period. While the stock has shown resilience in the short term, its year-to-date performance remains concerning, with a decline of 19.14% compared to the Sensex's increase of 5.18%. This divergence highlights the stock's volatility and the potential for investor caution, especially in light of its long-term fundamental weaknesses.