Why is Sir Shadi Lal falling/rising?

As of 09-Sep, Sir Shadi Lal Enterprises Ltd is experiencing a price increase, currently at Rs 243.00, reflecting a rise of Rs 7.5 or 3.18%. Today's price summary indicates that the stock outperformed its sector by 4.34%, reaching an intraday high of Rs 243.05 while touching a low of Rs 230.05. However, the stock has shown erratic trading patterns, not trading on one day out of the last 20, and has a weighted average price closer to its low. Additionally, the stock's performance over the past week shows a decline of 0.82%, while it has increased by 4.65% over the past month. Despite this recent uptick, the company faces significant challenges, including a negative book value and a weak ability to service its debt, which has contributed to a poor long-term fundamental strength.
Broader market context reveals that while the Sensex has gained 1.18% over the past week and 1.56% over the past month, Sir Shadi Lal has underperformed with a year-to-date decline of 19.85% compared to a 3.79% increase in the benchmark. The company's negative results over the last five quarters and a significant drop in delivery volume by 72.64% against the five-day average indicate a lack of investor confidence. Furthermore, the stock's historical performance shows a stark contrast, with a 36.87% decline over the past year, significantly worse than the broader market's negative return of 0.56%. These factors suggest that while there may be short-term gains, the long-term outlook remains precarious.