Why is Lovable Lingerie falling/rising?

As of 18-Sep, Lovable Lingerie Ltd's stock price is currently at 99.99, reflecting an increase of 2.05, or 2.09%. The stock has shown positive momentum, gaining for the last three consecutive days with a total return of 3.27% during this period. It outperformed its sector by 3.07% today and reached an intraday high of Rs 102.12. However, despite these short-term gains, the stock has a concerning long-term outlook, evidenced by a significant decline in operating profits over the past five years and a negative EBITDA, which raises questions about its sustainability. The company reported its highest quarterly net sales and profit after tax recently, but its weak ability to service debt and low return on equity indicate fundamental weaknesses that could hinder future performance.
In the broader market context, Lovable Lingerie's short-term return of 3.22% over the past week outpaces the Sensex's gain of 1.80%, suggesting a relative strength in the stock compared to the market. However, the stock's year-to-date performance remains troubling, with a decline of 23.06%, contrasting sharply with the Sensex's 6.24% increase. This consistent underperformance over the last three years, alongside a significant drop in investor participation, highlights the challenges Lovable Lingerie faces in regaining investor confidence despite recent positive sales figures.