Why is Prima Industries falling/rising?

As of 29-Aug, Prima Industries Ltd is experiencing a price increase, currently at 20.00, reflecting a rise of 0.76 or 3.95%. The stock's performance today is in line with its sector, which has seen a gain of 3.85%. Notably, the stock is trading above its 5-day, 20-day, and 100-day moving averages, although it remains below its 50-day and 200-day moving averages. Over the past week, the stock has outperformed the benchmark Sensex, with a return of +5.26% compared to the Sensex's -1.84%. However, the stock has shown a decline of 4.85% over the past month and a significant year-to-date drop of 30.12%. The company is facing challenges, including operating losses and a weak ability to service its debt, which contributes to its overall weak long-term fundamental strength.
In the broader market context, while Prima Industries has shown a positive short-term return, the benchmark Sensex has been declining, indicating that the stock's recent rise is somewhat isolated from broader market trends. The stock's liquidity appears sufficient for trading, with a notable increase in delivery volume, suggesting rising investor participation. However, the company’s financial health is concerning, as it has reported negative EBITDA and a significant drop in profits over the past year. This combination of factors suggests that while there may be short-term gains, the long-term outlook remains precarious, which could influence future price movements.