Why is Praxis Home falling/rising?

As of 02-Sep, Praxis Home Retail Ltd's stock price is currently at 14.07, reflecting an increase of 0.27, or 1.96%. The stock has shown a positive performance today, outperforming its sector by 3.1%. However, despite this short-term gain, the company has a negative book value and has reported negative results for the last 12 consecutive quarters, including a significant drop in net sales and profit after tax. Additionally, the company's operating profit has declined at an annual rate of -8.82% over the past five years, and the promoters have reduced their stake by -13.69%, indicating a lack of confidence in the company's future. The stock has also consistently underperformed against the benchmark over the last three years, with a year-to-date return of -23.14%.
In the broader market context, while Praxis Home has outperformed the Sensex in the short term, with a 1-week return of +3.91% compared to the benchmark's -0.78%, the overall trend remains concerning. The stock's long-term performance is significantly lagging, with a 3-year return of -40.70% against the Sensex's +36.32%. This consistent underperformance, combined with falling investor participation and high debt levels, suggests that while there may be short-term fluctuations, the overall outlook for Praxis Home remains weak amidst broader market conditions.