Why is Prima Industries falling/rising?

As of 11-Aug, Prima Industries Ltd is currently priced at 20.00, reflecting an increase of 0.68 or 3.52%. The stock has shown a positive trend recently, gaining 8.75% over the last two days and outperforming its sector by 2.1%. However, despite this short-term gain, the stock has underperformed over the past month with a decline of 12.09% and a year-to-date drop of 30.12%. The company is facing significant challenges, including operating losses and a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of 0.38. Additionally, the stock's return on equity is low at 4.70%, suggesting limited profitability, and it has generated a negative EBITDA, making it a risky investment.
In the broader market context, while the stock has recently gained, it has still underperformed compared to the benchmark, with a one-year return of -15.61% against the BSE500's decline of only -1.85%. This indicates that despite the recent uptick, the stock's long-term performance remains concerning. The company's financial health is further illustrated by its low cash reserves and declining profits, which have fallen by 33% over the past year. Overall, while there are short-term gains, the underlying fundamentals suggest that the stock's future performance may be limited.