Why is Rudra Ecovation falling/rising?

As of 25-Aug, Rudra Ecovation Ltd's stock price is currently at Rs 39.90, reflecting an increase of Rs 1.52 or 3.96%. Today's price summary indicates that the stock outperformed its sector by 4.59%, reaching an intraday high of Rs 39.95, while it also experienced significant volatility with a wide trading range of Rs 4.95. However, despite this short-term gain, the stock has shown a negative performance over the past month, down 9.32%, and a substantial decline of 43.79% over the past year. The company's financial health is concerning, with operating losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -1.15. Additionally, the company has reported negative EBITDA and a significant drop in profits, which has contributed to its overall weak long-term fundamental strength.
In the broader market context, while the stock has shown a positive return of 6.68% over the past week, the benchmark Sensex has only increased by 0.45% during the same period. This indicates that the stock's recent rise is somewhat isolated, as it has underperformed the market significantly over the past year. The company's returns have been notably worse than the broader market, which has generated negative returns of -2.11% in the last year, highlighting the stock's ongoing struggles despite short-term fluctuations.