Why is KKalpana Inds. falling/rising?

As of 26-Aug, KKalpana Industries (India) Ltd is experiencing a price increase, with its current price at 13.89, reflecting a change of 0.11 or 0.8% upward. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite a recent drop in delivery volume, the stock has outperformed its sector by 2.25%. Over the past month, it has achieved a notable return of 24.91%, contrasting with a year-to-date decline of 8.20%. However, the company faces challenges, including operating losses and a weak ability to service its debt, which may impact long-term investor confidence.
Broader market context indicates that while the stock has outperformed the BSE500 index over the past year, generating an 18.82% return compared to the index's -3.87%, it still lags behind in longer-term performance metrics. The stock's performance over three years shows a modest gain of 6.27%, while the benchmark has surged by 37.31%. This disparity highlights the stock's volatility and the risks associated with its weak fundamentals, including a negative EBITDA and declining profits, which could affect its attractiveness to investors in the broader market.