Why is Krishna Vent. falling/rising?

As of 23-Jul, Krishna Ventures Ltd is currently priced at 18.03, reflecting an increase of 0.35 or 1.98%. The stock has shown a trend reversal by gaining after nine consecutive days of decline, outperforming its sector by 2.7% today. However, despite this short-term uptick, the stock has underperformed significantly over the past week, with a return of -5.45%, and a staggering -70.61% year-to-date. The company's fundamentals are concerning, as it has reported operating losses and a negative EBITDA, indicating weak long-term growth potential. Additionally, the promoters have reduced their stake by 9.72%, which may signal a lack of confidence in the company's future.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.11% over the past week, Krishna Ventures Ltd's performance has been notably poor. The stock's recent rise does not negate its long-term underperformance, as it has generated a return of -79.24% over the past year, while the Sensex has increased by 2.86% during the same period. This stark contrast highlights the challenges faced by Krishna Ventures Ltd, particularly in terms of investor confidence and financial stability, which continue to overshadow any short-term price movements.