Why is Ramasigns Indus. falling/rising?

As of 23-Jul, Ramasigns Industries Ltd is experiencing a price increase, currently at 2.22, reflecting a change of 0.05 or 2.3% upward. Today's price summary indicates that the stock has outperformed its sector by 2.28% and has gained after three consecutive days of decline. However, despite this short-term rise, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend overall. The stock has shown a mixed performance in the past periods, with a 1-week return of +0.91%, but a significant decline of -13.28% over the past month and -23.18% year-to-date. The company's financial health is concerning, with operating losses and a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of -1.58. Additionally, the fact that 100% of promoter shares are pledged adds to the stock's risk profile, particularly in a falling market.
In the broader market context, Ramasigns Industries Ltd's short-term performance has outpaced the Sensex, which only gained 0.11% over the same week. However, the stock's long-term performance remains troubling, with a year-to-date decline of -23.18% compared to the Sensex's gain of +5.87%. The company's weak long-term fundamental strength, highlighted by low profitability and negative EBITDA, further complicates its outlook. While the recent increase in investor participation may provide some support, the overall financial instability and high proportion of pledged shares continue to exert downward pressure on the stock's price.