Why is Rudra Ecovation falling/rising?

As of 29-Aug, Rudra Ecovation Ltd's stock price is currently at 39.05, reflecting an increase of 0.55 or 1.43%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this short-term uptick, the stock has underperformed over the past month with a return of -8.12%, while the benchmark Sensex fell by only -1.88%. The stock's performance today has outpaced its sector by 2.13%, but there is a concerning drop in investor participation, as the delivery volume has decreased by 19.21% compared to the five-day average. Additionally, the company is facing significant challenges, including operating losses and a weak ability to service its debt, which has contributed to a poor long-term fundamental strength.
In the broader market context, while the stock has seen a positive movement in the short term, it has significantly lagged behind the benchmark over the past year, with a return of -43.03% compared to the Sensex's -2.83%. This stark contrast highlights the stock's struggles relative to the market. The company's financial health is further underscored by a negative EBITDA and a low return on equity, indicating low profitability. Despite a strong historical performance over three and five years, the recent trends and fundamental weaknesses suggest that the stock remains a risky investment, which may explain the cautious sentiment among investors.