Why is Rish.Digh.Steel falling/rising?

As of 01-October, Rishabh Digha Steel & Allied Products Ltd is experiencing a price increase, currently at Rs 41.00, reflecting a rise of 1.91 (4.89%). The stock has shown strong performance recently, gaining 10.81% over the past month and outperforming its sector by 4.43% today. It has also been on a consecutive gain streak for the last two days. However, despite these short-term gains, the company faces significant challenges, including operating losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -0.94. The stock's long-term fundamental strength is considered weak, with negative returns on capital employed and a drastic profit decline of 98.5% over the past year.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has seen a decline of 0.90% over the past week. While Rishabh Digha Steel has outperformed the benchmark in the short term, its longer-term performance remains concerning, with a year-to-date return of 7.25% compared to the Sensex's 3.64%. This divergence highlights the stock's volatility and the risks associated with its current valuation, especially given its negative EBITDA and reported losses.