Why is Mukta Arts falling/rising?

As of 12-Sep, Mukta Arts Ltd is experiencing a price increase, currently at Rs 68.57, reflecting a rise of 1.52 or 2.27%. Today's performance indicates a trend reversal, as the stock has gained after five consecutive days of decline and has outperformed its sector by 3.25%. However, the stock has shown a negative return of -14.75% over the past month and -23.77% year-to-date, indicating significant underperformance compared to the benchmark. The company has a negative book value and has reported negative results for the last six consecutive quarters, with a high debt-to-EBITDA ratio of 6.46 times, which raises concerns about its long-term fundamental strength and profitability.
In the broader market context, the Sensex has increased by 1.48% over the past week and 2.08% over the past month, contrasting with Mukta Arts' short-term decline. The stock's recent rise may be attributed to a temporary recovery after a prolonged downturn, but its overall performance remains weak compared to the benchmark, which has shown positive returns. The falling investor participation, as indicated by a 25.63% drop in delivery volume, suggests that market sentiment towards Mukta Arts is cautious, despite the recent uptick in price.