Why is Shree Precoated falling/rising?

As of 14-Jul, Shree Precoated Steels Ltd's stock price is currently at 16.48, reflecting an increase of 0.78 or 4.97%. The stock has shown strong performance recently, gaining 15.65% over the last three days and outperforming its sector by 5% today. Additionally, it has risen 9.87% over the past week and 7.08% over the past month. However, despite these positive short-term movements, the company faces challenges, including a negative EBITDA and a significant drop in profits over the past year, which may contribute to a perception of risk among investors.
In the broader market context, while Shree Precoated has outperformed the Sensex by a notable margin in the short term, the stock's year-to-date performance shows a decline of 16.98%, contrasting with the Sensex's gain of 5.27%. This disparity highlights the stock's volatility and the potential concerns investors may have regarding its long-term stability. The stock's recent gains may be driven by increased investor participation and trading volume, but the underlying financial issues could temper enthusiasm moving forward.