Why is Lovable Lingerie falling/rising?

As of 10-Jun, Lovable Lingerie Ltd's stock price is currently at Rs 107.50, reflecting an increase of Rs 8.61 or 8.71%. Today, the stock opened with a gain of 4.66% and reached an intraday high of Rs 110, indicating strong short-term momentum. However, despite this positive movement, the stock has shown a significant decline over the year, with a return of -13.62%. The company is facing challenges such as operating losses and a weak ability to service its debt, which are contributing to a negative outlook. Additionally, the stock is technically in a mildly bearish range, and its recent performance has been hindered by a drop in investor participation, as evidenced by a 29.2% decrease in delivery volume compared to the 5-day average.
In the broader market context, Lovable Lingerie's short-term performance has outpaced the benchmark Sensex, which only increased by 2.05% over the past week, while the stock rose by 11.49%. However, the stock's year-to-date performance remains concerning, with a decline of 17.28% compared to the Sensex's increase of 5.44%. This consistent underperformance over the last three years, coupled with weak fundamentals and a negative EBITDA, suggests that while there may be short-term gains, the long-term outlook for Lovable Lingerie Ltd remains precarious.