Why is Peeti Securities falling/rising?

As of 15-Jul, Peeti Securities Ltd's stock price is currently at Rs 21.50, reflecting an increase of Rs 1.3 or 6.44%. The stock has shown a positive trend today, outperforming its sector by 5.1% and reversing a two-day decline. It reached an intraday high of Rs 21.5 and has seen a notable increase in delivery volume, which rose by 31.33% compared to the five-day average. However, despite this short-term gain, the company has been struggling with significant operating losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of 0.52 and a low return on equity of 6.35%. The stock has consistently underperformed against benchmarks over the past three years, with a 1-year return of -10.00% and a troubling decline in profitability.
In the broader market context, Peeti Securities' recent performance contrasts with the Sensex, which has seen a decline of 1.36% over the past week while the stock itself has gained 2.38%. This indicates that the stock's short-term recovery is occurring despite a generally unfavorable market environment. However, the company's long-term fundamentals remain weak, with a negative EBITDA and a significant drop in profits over the past year, suggesting that while there may be short-term gains, the overall outlook for Peeti Securities is still concerning.