Why is KKalpana Inds. falling/rising?

As of 18-Sep, KKalpana Industries (India) Ltd is experiencing a price increase, currently at 12.41, which reflects a change of 0.11 or 0.89% upward. The stock has shown a positive performance today, outperforming its sector by 1.54% and has been gaining for the last two days, accumulating a total return of 2.31% during this period. However, despite this recent uptick, the stock has underperformed significantly over longer periods, with a year-to-date decline of 17.98% and a one-year drop of 36.06%. The company is facing challenges, including operating losses and a weak ability to service its debt, which contributes to its negative outlook. The stock is considered risky due to its negative EBITDA and poor profitability metrics, such as a low Return on Equity of 6.27%.
In the broader market context, the stock's recent performance contrasts with the benchmark, as the Sensex has risen by 1.80% over the past week, while KKalpana Industries has declined by 1.04%. This trend of underperformance is evident over longer time frames as well, with the stock's one-year return of -36.06% significantly lagging behind the market's slight decline of -1.96%. The falling investor participation, indicated by a 57.13% drop in delivery volume compared to the five-day average, further suggests a lack of confidence among investors, which may be contributing to the stock's overall weak performance despite the recent price increase.