Why is Milkfood falling/rising?

As of 28-Aug, Milkfood Ltd's stock price is currently at 74.00, reflecting an increase of 0.48 or 0.65%. Today's performance indicates a trend reversal as the stock has gained after two consecutive days of decline, outperforming its sector by 1.58%. However, despite this recent uptick, the stock has shown a significant decline over the past month, down 8.42%, and a staggering 52.52% over the past year. The company's financial health is concerning, with a high Debt to EBITDA ratio of 4.98 times and a return on equity averaging only 3.72%. Additionally, the company has reported negative results for the last three consecutive quarters, with net sales falling by 23.31% and profits decreasing by 64.3%, which has contributed to its weak long-term fundamental strength.
Broader market context shows that while Milkfood's stock has experienced a slight rise today, it has underperformed the benchmark Sensex over various periods, including a 2.76% decline in the past week compared to the Sensex's 2.34% drop. This underperformance is further highlighted by the stock's year-to-date return of -34.51% against the Sensex's positive 2.48%. The overall market sentiment appears to be cautious, as indicated by falling investor participation and liquidity concerns, which may hinder any sustained recovery in the stock price despite today's modest gain.