Why is Sir Shadi Lal falling/rising?

As of 16-Sep, Sir Shadi Lal Enterprises Ltd's stock price is currently at Rs 241.00, reflecting an increase of Rs 5.85 or 2.49%. Today's performance indicates that the stock has outperformed its sector by 2.67%, opening with a gain of 2.49% and reaching an intraday high of Rs 241. However, the stock has shown erratic trading patterns, having not traded on one day out of the last 20 days, and delivery volume has significantly decreased by 76.93% compared to the 5-day average. Despite a positive short-term movement, the company faces significant challenges, including a negative book value, weak long-term fundamentals, and a history of losses over the last five consecutive quarters, which could undermine investor confidence.
In the broader market context, the stock's performance over the past week shows a decline of 0.82%, while the benchmark Sensex has increased by 1.58%. Over the last month, the stock has gained 2.82%, slightly outperforming the Sensex's 2.21% increase. However, the year-to-date performance reveals a stark contrast, with the stock down 20.51% compared to the Sensex's 5.43% gain. This underperformance is further emphasized by the stock's 1-year return of -40.20%, significantly worse than the benchmark's slight decline of -0.73%. Overall, while there are short-term gains, the long-term outlook remains precarious due to the company's financial instability and negative operating profits.