Why is KKalpana Inds. falling/rising?

As of 13-Aug, KKalpana Industries (India) Ltd is experiencing a rise in its stock price, currently at Rs 14.77, reflecting an increase of 1.34 or 9.98%. The stock has shown strong performance recently, with a notable 30.71% increase over the last three days and a 33.54% rise over the past week, significantly outperforming the benchmark Sensex, which has remained flat at -0.01%. However, despite this recent uptick, the company faces challenges, including operating losses and a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of 0.03. Additionally, while the stock has generated a 15.84% return over the past year, its profits have declined by 34.3%, raising concerns about its long-term fundamental strength.
In the broader market context, KKalpana Industries has outperformed the BSE500 index, which has reported negative returns of -0.64% over the last year. This contrast highlights the stock's ability to attract investor interest despite its underlying financial difficulties. The stock's recent volatility, with an intraday range of Rs 2.25 and a high volatility of 8.21%, suggests that investor sentiment is fluctuating, likely influenced by the company's mixed financial performance. Furthermore, the rising delivery volume indicates increased investor participation, which may be contributing to the stock's upward movement in the short term.