Why is Praxis Home falling/rising?

As of 29-Aug, Praxis Home Retail Ltd is experiencing a price increase, with the current price at 14.08, reflecting a change of 0.27 or 1.96% upward. The stock has shown a strong performance recently, gaining 3.99% over the last two days and outperforming its sector by 0.77%. In the past week, the stock has risen by 6.99%, while over the past month, it has increased by 19.32%. However, despite these short-term gains, the company faces significant challenges, including a negative book value and a weak long-term fundamental strength, as evidenced by a declining operating profit and a high debt-to-EBITDA ratio. Additionally, the company has reported negative results for the last 12 consecutive quarters, with a substantial drop in profit after tax and the lowest net sales recorded.
Broader market context indicates that while Praxis Home has performed well in the short term, the overall market sentiment is less favorable, as reflected by the Sensex, which has declined by 1.84% over the past week and 1.88% over the past month. The stock's recent gains come amidst a backdrop of reduced promoter confidence, with a significant decrease in their stake, indicating potential concerns about the company's future. Despite the stock's liquidity being adequate for trading, the long-term outlook remains precarious due to ongoing financial struggles and a lack of consistent profitability, which could affect investor sentiment moving forward.