Why is Sanghi Industrie falling/rising?

As of 15-Jul, Sanghi Industries Ltd is currently priced at 66.32, reflecting an increase of 0.45 or 0.68%. The stock has been gaining for the last three days, with a total return of 2.03% during this period. Despite this recent uptick, the stock has a concerning long-term outlook, evidenced by a significant decline in operating profits over the past five years and a high debt-to-EBITDA ratio of 17.08 times. The company has reported negative results for the last three consecutive quarters, with a PAT of Rs -116.91 crore, indicating ongoing financial struggles. Additionally, the stock has underperformed the market over the past year, generating a return of -31.45% compared to the benchmark's positive performance.
In the broader market context, Sanghi Industries has outperformed its sector by 0.63% today, while the benchmark Sensex has declined by 1.36% over the past week. However, the stock's performance over the last month shows a gain of 10.72%, contrasting with the Sensex's modest increase of 1.79%. Despite these short-term gains, the overall sentiment remains cautious due to the company's weak fundamentals and low investor participation, as indicated by a 20.88% drop in delivery volume against the five-day average. This combination of short-term gains amidst long-term challenges suggests a complex market perception of the stock's value.