Why is Loyal Textile falling/rising?

As of 18-Sep, Loyal Textile Mills Ltd is experiencing a price increase, currently at 316.00, reflecting a change of 11.7 or 3.84% upward. Despite this recent uptick, the stock has shown erratic trading patterns, having not traded on one day out of the last 20 days, and is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has underperformed its sector significantly, with a performance today that is down by 100.2%. Additionally, the company has reported negative results for the last eight consecutive quarters, with a PAT of Rs -45.27 crore and a declining net sales figure, indicating weak long-term fundamental strength and low profitability per unit of shareholders' funds.
In the broader market context, Loyal Textile's short-term return of +3.44% over the past week is notably better than the Sensex's +1.80% return, suggesting some relative strength in the immediate term. However, the stock has consistently underperformed against the benchmark over the last three years, with a staggering -63.49% return compared to the Sensex's +41.08%. This consistent underperformance, coupled with a high debt-to-EBITDA ratio and negative EBITDA, paints a concerning picture for the company's financial health, which may overshadow the recent price increase and contribute to investor caution moving forward.