Why is Praxis Home falling/rising?

As of 27-Jun, Praxis Home Retail Ltd is currently priced at 12.25, reflecting an increase of 0.4, or 3.38%. Today's performance indicates that the stock has outperformed its sector by 3.4% and has experienced a trend reversal, gaining after three consecutive days of decline. Despite this positive movement, the stock has shown significant underperformance over the past week, month, year-to-date, and over the last three years, with returns of -1.13%, -5.19%, -33.08%, and -60.41% respectively. The company faces serious challenges, including a negative book value, a high debt-to-EBITDA ratio, and a substantial drop in net sales of 41.1%, which has contributed to its weak long-term fundamental strength. Additionally, promoter confidence appears to be waning, as they have reduced their stake by 2.65% in the last quarter.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has consistently underperformed against the Sensex, which has gained 2.00% over the past week and 3.07% over the past month. This underperformance is further highlighted by the stock's year-to-date decline of 33.08% compared to the Sensex's increase of 7.58%. While there has been a notable increase in investor participation, with delivery volume rising significantly, the overall sentiment remains cautious due to the company's ongoing financial struggles and negative results over the past 11 quarters.