Why is Madhucon Project falling/rising?

As of 15-Jul, Madhucon Projects Ltd has seen its stock price rise to 7.40, reflecting an increase of 0.34 or 4.82%. The stock has outperformed its sector by 4.45% today and has been on a consecutive gain for the last two days, accumulating a total return of 6.32% during this period. However, despite this recent uptick, the stock has faced significant challenges, including a negative book value and a weak long-term fundamental strength, with net sales declining at an annual rate of -1.62% and operating profit plummeting by -298.65% over the past five years. The company has also reported negative results for the last four consecutive quarters, with a substantial fall in net sales of -42.1% and a PAT of Rs -461.14 crore, which has grown at -64.08%.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has gained 1.65% over the past week while the Sensex has declined by 1.36%. However, over the longer term, the stock has underperformed significantly, with a year-to-date decline of -22.92% compared to the Sensex's increase of 5.67%. This underperformance is compounded by high debt levels and a debt-to-equity ratio that raises concerns about the company's financial stability. Overall, while the recent price increase may suggest a temporary rebound, the underlying financial issues and negative trends indicate a precarious situation for Madhucon Projects Ltd.