Why is Oswal Yarns falling/rising?

As of 24-Jun, Oswal Yarns Ltd is experiencing a price increase, currently at 34.30, reflecting a change of 0.87 or 2.6% upward. The stock has shown a trend reversal after seven consecutive days of decline, outperforming its sector by 1.56%. Despite this recent uptick, the stock is trading below its moving averages across various timeframes, indicating potential ongoing weakness. Over the past year, Oswal Yarns has generated a remarkable return of 94.33%, significantly higher than the broader market's return of 6.10%. However, the company is facing challenges, including operating losses and a negative return on equity, which contribute to its classification as a risky investment.
In the broader market context, while Oswal Yarns has outperformed the sector today, its short-term performance over the past week has been notably poor, with a decline of 10.91%, contrasting with the Sensex's modest gain of 0.58%. The company’s weak long-term fundamentals, highlighted by a poor EBIT to interest ratio and negative EBITDA, suggest that despite recent price movements, the underlying financial health remains concerning. This combination of strong historical returns and current operational challenges creates a complex picture for investors, indicating that while the stock may be rising today, significant risks persist.