Why is Sadbhav Engg. falling/rising?

As of 11-Jul, Sadbhav Engineering Ltd's stock price is currently at 13.26, reflecting an increase of 0.63, or 4.99%. The stock has shown a positive trend recently, gaining 10.5% over the last two days and outperforming its sector by 6.24%. In the past week, it has risen by 5.49%, while over the last month, it has seen a slight increase of 0.15%. However, despite these short-term gains, the company faces significant long-term challenges, including a negative book value, high debt levels, and a history of poor financial performance, with net sales declining at an annual rate of -21.55% over the last five years. The company has reported negative results for the last five consecutive quarters, which raises concerns about its sustainability and future profitability.
In the broader market context, while Sadbhav Engineering has experienced a short-term rise, it has significantly underperformed compared to the benchmark, with a year-to-date decline of -50.82% against the Sensex's gain of 5.58%. The stock's performance over the past year has been particularly poor, generating a return of -56.93% while the broader market has seen a modest increase of 3.26%. This stark contrast highlights the ongoing struggles of Sadbhav Engineering amidst a generally recovering market, suggesting that while there may be some short-term investor interest, the long-term outlook remains precarious due to its financial instability and high levels of pledged promoter shares.