Why is KIC Metaliks falling/rising?

As of 12-Sep, KIC Metaliks Ltd is currently priced at 33.00, reflecting an increase of 0.43 or 1.32%. The stock has shown a trend reversal by gaining after two consecutive days of decline, outperforming its sector by 2.03% today. However, it is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 2.94%, and it has underperformed significantly over the longer term, with a year-to-date decline of 20.48% and a one-year drop of 25.00%. The company has faced negative operating results for the last three consecutive quarters, with a substantial decline in profits and sales, contributing to its weak long-term fundamental strength.
In the broader market context, while KIC Metaliks has experienced a short-term uptick, it has lagged behind the Sensex, which has gained 1.48% over the past week. The stock's performance is concerning as it has shown a negative return of 25.00% over the last year, contrasting sharply with the Sensex's slight decline of 1.28% during the same period. Additionally, the company's high debt-to-EBITDA ratio and negative operating profits further exacerbate its risk profile, making it a less attractive investment compared to the broader market trends.