Why is Mukta Arts falling/rising?

As of 22-Sep, Mukta Arts Ltd's stock price is currently at Rs 71.20, reflecting an increase of Rs 3.11 or 4.57%. Today, the stock has shown a positive performance, having outperformed its sector by 3.85% and opened with a gain of 5.67%. This marks a trend reversal as the stock has gained after three consecutive days of decline, reaching an intraday high of Rs 71.95. However, the stock has a negative long-term outlook due to a weak fundamental strength characterized by a negative book value, high debt-to-EBITDA ratio of 6.46 times, and a low return on equity of 4.74%. Additionally, the company has reported negative results for the last six consecutive quarters, with a significant drop in profit after tax and cash reserves, indicating ongoing financial struggles.
In the broader market context, Mukta Arts has shown a short-term return of +2.40% over the past week, significantly outperforming the Sensex, which has only increased by 0.46%. However, the stock's longer-term performance is concerning, with a year-to-date decline of -20.84%, while the benchmark has risen by 5.15%. This consistent underperformance against the benchmark over the last three years, coupled with a significant drop in profitability, suggests that while there may be short-term gains, the overall outlook remains risky and negative for investors.