Why is Lovable Lingerie falling/rising?

As of 16-Jul, Lovable Lingerie Ltd's stock price is currently at 103.90, reflecting an increase of 3.9, or 3.9%. The stock has been gaining momentum, having outperformed its sector by 5.35% today and achieving a consecutive gain over the last two days with a total return of 5.97%. Despite this positive short-term performance, the company has been struggling with significant operating losses, as indicated by a negative EBIT to Interest ratio of -4.53 and a low Return on Equity of 1.57%. Furthermore, the stock has consistently underperformed against the benchmark over the past three years, with a one-year return of -28.64%, highlighting ongoing challenges in profitability and financial health.
In the broader market context, Lovable Lingerie's short-term return of +4.95% over the past week stands in stark contrast to the Sensex, which has declined by 1.08% during the same period. This suggests that while the stock is experiencing a temporary rise, it is still facing long-term headwinds, as evidenced by its negative EBITDA and weak fundamentals. The overall market sentiment appears to be cautious, particularly given the company's history of underperformance and the recent drop in investor participation, which has seen delivery volume decrease by 34.2% against the five-day average.