Why is Kirl. Electric falling/rising?

As of 27-Jun, Kirloskar Electric Company Ltd's stock price is currently at 149.15, reflecting an increase of 6.2, or 4.34%. The stock has been gaining for the last two days, with a total return of 5.67% during this period. It has outperformed its sector by 4.11% today and reached an intraday high of Rs 150. However, despite this recent uptick, the stock has shown weak long-term fundamentals, with a low Return on Capital Employed (ROCE) of 7.71% and a high Debt to EBITDA ratio of 3.75 times. The company has reported negative results for the last eight consecutive quarters, which has contributed to a significant decline in profits and a return of -20.20% over the past year, indicating that while there may be short-term gains, the long-term outlook remains concerning.
In the broader market context, the stock's short-term performance of +11.64% over the past week significantly outpaces the Sensex's return of +2.00% during the same period. However, the stock has underperformed the market over the last year, where the benchmark has returned +7.58% while Kirloskar Electric has faced a decline. The high percentage of pledged promoter shares (75.55%) adds to the stock's vulnerability in a falling market, potentially exerting additional downward pressure. Overall, while the stock is experiencing a short-term rise, the underlying financial challenges and poor long-term performance suggest caution for investors.