Why is Kiri Industries falling/rising?

As of 09-Sep, Kiri Industries Ltd's stock price is currently at Rs 543.50, reflecting an increase of Rs 25.45, or 4.91%. The stock has shown a trend reversal by gaining after three consecutive days of decline, and it outperformed its sector by 4.8% today. Despite this positive movement, the stock's performance over the past month has been negative, with a decline of 2.41%. The company has generated a remarkable 42.56% return over the past year, significantly outperforming the broader market, which has seen a decline of 0.56%. However, the company has faced challenges, including operating losses and negative results for the last three consecutive quarters, which contribute to its weak long-term fundamental strength.
In the broader market context, Kiri Industries' recent performance has been favorable compared to the benchmark, as it has outperformed the Sensex, which only gained 1.18% over the past week. However, the stock's year-to-date performance shows a decline of 12.15%, contrasting with the Sensex's gain of 3.79%. The company’s liquidity appears adequate for trading, but falling investor participation, as indicated by a significant drop in delivery volume, raises concerns about sustained interest in the stock. Overall, while the stock is experiencing a short-term rise, its long-term outlook remains clouded by financial difficulties and declining profitability.