Why is Mahalaxmi Seam. falling/rising?

As of 29-Sep, Mahalaxmi Seamless Ltd's stock price is currently at 9.01, reflecting an increase of 0.2 or 2.27%. The stock has shown a positive performance today, outperforming its sector by 2.46%, and has been on a consecutive gain streak for the last three days, accumulating a total return of 6.38% during this period. Despite this recent uptick, the stock has a negative book value and a high Debt to EBITDA ratio of 3.43 times, indicating a weak long-term fundamental strength and a low ability to service debt. Additionally, the delivery volume has decreased by 16.49% against the 5-day average, suggesting a decline in investor participation, which could impact future price movements. In the broader market context, Mahalaxmi Seamless Ltd's short-term return of +0.45% over the past week contrasts sharply with the Sensex, which has declined by 2.18% during the same period. While the stock has performed well in the short term, it has underperformed significantly year-to-date with a return of -33.94% compared to the Sensex's +2.85%. This divergence highlights the stock's volatility and the potential risks associated with its negative book value and declining profits, which may deter long-term investors despite recent gains.