Why is Salora Intl. falling/rising?

As of 29-Jul, Salora International Ltd's stock price is currently at 45.74, reflecting an increase of 1.9, or 4.33%. The stock has shown a positive trend today, outperforming its sector by 3.65% and reversing a three-day decline. It reached an intraday high of Rs 46.59, marking a 6.27% increase. Despite this short-term gain, the stock has experienced a significant decline over the year, with a return of -27.00%. The company faces challenges, including operating losses and a weak long-term fundamental strength, as indicated by a negative EBITDA and a high Debt to EBITDA ratio. Additionally, net sales have decreased at an annual rate of -2.06% over the past five years, contributing to a perception of risk among investors.
In the broader market context, Salora International's short-term performance contrasts with the benchmark, as it has gained 2.79% over the past week while the Sensex has declined by 1.03%. This indicates that the stock is currently performing better than the overall market. However, the company's long-term performance remains concerning, with a year-to-date return of -36.02% compared to the Sensex's positive return of 4.09%. Despite today's positive movement, the stock's overall trajectory suggests ongoing challenges that could affect investor sentiment moving forward.