Why is PVR Inox falling/rising?

As of 21-Jul, PVR Inox Ltd's stock price is currently at 1,025.00, reflecting an increase of 9.3 (0.92%). The stock has been gaining momentum, having risen 5.16% over the last two days, and it reached an intraday high of Rs 1,044.5 today. Despite this recent uptick, the stock has underperformed significantly over the past year, with a return of -26.60%, and has shown a consistent decline over the last three years, with a staggering -46.43% return. The company's fundamentals reveal a high Debt to EBITDA ratio of 15.02 times and negative returns on equity, which may contribute to investor caution. However, the stock is currently trading at a discount compared to its peers, and it has a relatively high institutional holding of 56.23%, indicating some level of confidence from larger investors.
In the broader market context, PVR Inox's short-term performance contrasts with the benchmark, as it has gained 4.69% over the past week while the Sensex has remained nearly flat at -0.06%. This divergence suggests that the stock's recent rise may be driven by specific factors related to the company rather than broader market trends. Despite the positive short-term movement, the long-term outlook remains weak, with a -13.29% CAGR growth in operating profits over the last five years and significant losses reported in recent quarters. This combination of short-term gains against a backdrop of long-term challenges may create a complex scenario for investors considering the stock.