Why is Mitshi India falling/rising?

As of 02-Jul, Mitshi India Ltd's stock price is currently at 15.75, reflecting an increase of 0.5, or 3.28%. The stock has outperformed its sector today by 2.51%, and it is trading higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Despite this positive movement, the stock has shown a significant decline over the past year, with a return of -25.28%, and has underperformed the BSE500 over various time frames. The company is facing challenges, including operating losses and a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of -0.05. Additionally, the stock's liquidity is adequate for trading, but there has been a notable drop in investor participation, with delivery volume falling by 70.77% against the 5-day average.
In the broader market context, Mitshi India Ltd's short-term performance of +7.14% over the past week significantly outpaces the Sensex's return of +0.79%. However, the company's long-term performance is concerning, as it has generated a -5.97% return year-to-date, compared to the Sensex's +6.75%. The stock's weak fundamentals, including a low Return on Equity of 2.96% and negative EBITDA, suggest that while there may be short-term gains, the overall outlook remains risky and negative, contributing to its underperformance relative to the broader market.