Why is Salora Intl. falling/rising?

As of 30-Jun, Salora International Ltd's stock price is currently at Rs 46.90, reflecting an increase of 1.76 (3.9%). The stock opened with a gain of 2.26% today and reached an intraday high of Rs 46.93, outperforming its sector by 1.51%. Over the past month, the stock has shown a positive return of 11.67%, although it has significantly underperformed over the year with a decline of 24.80%. The company's long-term fundamentals appear weak, as indicated by operating losses and a negative EBITDA, which contribute to its risky trading status. Additionally, the company's net sales have decreased at an annual rate of -2.06% over the last five years, and it has a high Debt to EBITDA ratio, indicating low ability to service debt.
In the broader market context, the stock's recent performance contrasts with the benchmark, as the Sensex has gained 2.09% over the past week and 2.65% over the past month. While Salora International Ltd has shown some short-term recovery, its year-to-date performance remains poor at -34.40%, compared to the Sensex's positive return of 7.00%. This underperformance highlights the challenges the company faces in a market that is generally trending upwards, further emphasizing the stock's volatility and the cautious sentiment among investors.