Why is Lypsa Gems falling/rising?

As of 08-Jul, Lypsa Gems & Jewellery Ltd's stock price is currently at 7.67, reflecting an increase of 0.07 or 0.92%. Today's performance indicates that the stock has outperformed its sector by 6.66%, despite the broader Diamond & Gold Jewellery sector experiencing a decline of 5.75%. The stock's recent performance shows a year-to-date return of 7.42% and a one-year return of 25.12%, significantly higher than the market average. However, the company faces challenges, including operating losses and a weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of -23.61 and a low Return on Equity of 0.01%. These factors contribute to a perception of risk, despite the stock's recent upward movement.
In the broader market context, the stock's short-term performance over the past week shows a decline of 1.67%, contrasting with the Sensex, which has remained relatively flat with a change of +0.02%. While the stock has shown strong returns over the past year, its recent struggles highlight a disconnect between its historical performance and current financial health. The rising investor participation, indicated by a 45.11% increase in delivery volume, suggests some confidence in the stock, but the underlying financial weaknesses may temper long-term optimism.