Why is Mitshi India falling/rising?

As of 17-Jul, Mitshi India Ltd's stock price is currently at 15.61, reflecting an increase of 0.61 or 4.07%. The stock has shown a trend reversal by gaining after three consecutive days of decline. It has outperformed its sector by 3.9% today, and there has been a notable increase in investor participation, with delivery volume rising by 180.02% against the five-day average. However, the stock's longer-term performance remains concerning, with a year-to-date decline of 6.81% and a significant drop of 19.16% over the past year, indicating weak profitability and operational challenges, including negative EBITDA and a poor EBIT to interest ratio.
In the broader market context, while Mitshi India has outperformed the Sensex by 3.9% today, its one-week return of -0.70% contrasts with the Sensex's decline of 1.12%. This suggests that despite today's positive movement, the stock has struggled in the short term compared to the benchmark. The company's weak long-term fundamentals, highlighted by operating losses and low return on equity, contribute to a risky investment profile, which may deter long-term investors despite the recent uptick in price.