Why is Natl. Oxygen falling/rising?

As of 27-Jun, National Oxygen Ltd's stock price is currently at 123.90, reflecting an increase of 0.95, or 0.77%. The stock has shown strong performance recently, with a consecutive gain over the last two days and a total return of 6.63% during this period. It has outperformed its sector by 0.3% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, despite these short-term gains, the company faces significant challenges, including a negative book value and weak long-term fundamental strength, as evidenced by a decline in net sales over the past five years and a poor EBIT to interest ratio. Additionally, the company reported negative results in March 2025, with the lowest quarterly net sales and operating profit margins, contributing to a risky investment profile.
In the broader market context, while National Oxygen Ltd has performed well in the short term, with a 10.87% return over the past week compared to the Sensex's 2.00%, it has significantly underperformed over the longer term, with a year-to-date return of -7.43% against the Sensex's 7.58%. This disparity highlights the stock's volatility and the risks associated with its negative EBITDA and declining profits, which have fallen by 117% over the past year. The overall market has generated positive returns, further emphasizing the challenges faced by National Oxygen Ltd in maintaining investor confidence despite recent price increases.