Why is MKP Mobility falling/rising?

As of 07-Jul, MKP Mobility Ltd's stock price is currently at 122.95, reflecting an increase of 5.55 or 4.73%. The stock has been on a positive trajectory, gaining 15.45% over the last three days, and has outperformed its sector by 5.39% today. Despite opening with a loss of 4.6%, it reached an intraday high of Rs 122.95. The company has reported positive results for the last five consecutive quarters, with net sales and profit after tax at their highest levels. However, the stock faces challenges due to operating losses and weak long-term fundamentals, as evidenced by a negative EBIT to interest ratio and a significant decline in profits over the past year.
In the broader market context, MKP Mobility's short-term performance contrasts sharply with the benchmark, as it has gained 10.77% over the past week while the Sensex has decreased by 0.20%. However, the stock has underperformed over longer periods, with a year-to-date decline of 46.84% compared to the Sensex's increase of 6.79%. This disparity highlights the stock's volatility and the risks associated with its weak long-term growth prospects, despite recent positive movements.