Why is Lovable Lingerie falling/rising?

As of 25-Jun, Lovable Lingerie Ltd's stock price is currently at Rs 101.70, reflecting an increase of Rs 4.26 or 4.37%. The stock has been on an upward trend, gaining for the last four consecutive days and achieving a total return of 8.19% during this period. It outperformed its sector by 1.76% today and reached an intraday high of Rs 103.23. However, despite this recent positive movement, the company has significant underlying issues, including operating losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -4.53. The stock has consistently underperformed against benchmarks over the past three years, with a one-year return of -25.74%, highlighting its long-term fundamental weaknesses.
In the broader market context, Lovable Lingerie's short-term performance of +5.39% over the past week significantly outpaces the Sensex, which has only increased by 1.61% during the same period. While the stock has shown some positive momentum recently, it is essential to consider the overall market conditions and the lifestyle sector's gain of 2.63%. Despite the recent rise, the stock's long-term outlook remains precarious due to its negative EBITDA and declining profitability, which could deter investors in the future.