Why is Lovable Lingerie falling/rising?

As of 10-Jul, Lovable Lingerie Ltd's stock price is currently at 100.55, reflecting an increase of 1.55 or 1.57%. Today, the stock opened with a significant gain of 5% and reached an intraday high of Rs 103.95. Despite this positive movement, the stock has shown a decline of 6.47% over the past month and a substantial drop of 22.62% year-to-date. The company is facing operating losses and has a weak long-term fundamental strength, indicated by a negative EBIT to Interest ratio and low profitability per unit of shareholders' funds. Additionally, the stock has consistently underperformed against benchmarks, generating a return of -26.61% over the past year while profits have fallen by 74.5%.
In the broader market context, Lovable Lingerie's short-term performance has outpaced the Sensex, which saw a slight decline of 0.06% over the past week. However, the stock's longer-term performance remains concerning, with significant underperformance against the benchmark over the last three years. The company’s weak financial metrics and negative EBITDA suggest that while there may be short-term gains, the overall outlook remains risky, contributing to investor caution despite today's positive price movement.