Why is Kirl. Electric falling/rising?

As of 30-Jun, Kirloskar Electric Company Ltd is currently priced at 150.00, reflecting an increase of 0.85, or 0.57%. The stock has shown a positive trend, gaining 6.27% over the last three days and outperforming the Sensex with a 1-week return of 9.49% compared to the benchmark's 2.09%. However, despite this recent uptick, the company faces significant challenges, including a weak long-term fundamental strength indicated by 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, with substantial declines in profit before tax and profit after tax, which have fallen by 633.5% and 603.3%, respectively, compared to previous averages. Additionally, 75.55% of promoter shares are pledged, which can exert downward pressure on the stock in a declining market.
In the broader market context, while Kirloskar Electric has shown a strong short-term performance, it has significantly underperformed over the past year, with a return of -20.95% compared to the Sensex's gain of 7.00%. This stark contrast highlights the stock's volatility and the challenges it faces in maintaining investor confidence. The stock's recent gains may be attributed to increased investor participation, as evidenced by a 199.33% rise in delivery volume, but the overall negative financial indicators and high levels of pledged shares suggest that the stock's long-term outlook remains precarious.