Why is Praxis Home falling/rising?

As of 08-Oct, Praxis Home Retail Ltd is experiencing a rise in its stock price, currently at 13.60, which reflects an increase of 0.64 or 4.94%. The stock has shown a strong performance recently, gaining 17.85% over the past week and outperforming its sector by 5.15% today. It has been on a consecutive gain streak for the last four days, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, despite this recent uptick, the company faces significant challenges, including a negative book value and a weak long-term fundamental strength, as indicated by a lack of operating profit growth over the last five years and a high debt-to-EBITDA ratio. Additionally, the company has reported negative results for the last 12 consecutive quarters, which has contributed to a substantial decline in stock performance over the past year and three years.
In the broader market context, while the stock has risen significantly in the short term, it has still underperformed compared to the benchmark, with a year-to-date return of -25.71% against the Sensex's 4.65%. The stock's recent gains may be attributed to increased investor participation, as evidenced by a rise in delivery volume, but the overall sentiment remains cautious due to the company's ongoing financial struggles and decreasing promoter confidence, with a notable reduction in their stake. This combination of short-term gains amidst long-term challenges highlights the volatility and risk associated with investing in Praxis Home Retail Ltd.