Why is Mitshi India falling/rising?

As of 30-Jun, Mitshi India Ltd's stock price is currently at 15.34, reflecting an increase of 0.92 or 6.38%. Today's performance indicates that the stock has outperformed its sector by 3.99%. While it is trading higher than its 5-day and 20-day moving averages, it remains below its longer-term moving averages (50-day, 100-day, and 200-day). Despite this positive movement today, the stock has shown a decline of 1.03% over the past month and a significant drop of 29.41% over the last year. The company is facing challenges, including operating losses and a weak ability to service its debt, which is reflected in a poor EBIT to Interest ratio of -0.05. Additionally, the stock's negative EBITDA and low profitability per unit of shareholders' funds contribute to its overall weak long-term fundamental strength.
In the broader market context, the stock's short-term performance of +4.57% over the past week is notably better than the Sensex, which has gained only 2.09% in the same period. However, the stock's year-to-date performance is concerning, with a decline of 8.42% compared to the Sensex's increase of 7.00%. The overall market sentiment appears to be more favorable, as indicated by the sector's trading gain of 2.38%. Despite today's rise, the falling investor participation, as evidenced by an 87.54% drop in delivery volume, suggests a lack of confidence among investors, which could hinder any sustained upward momentum for Mitshi India Ltd.