Why is Sir Shadi Lal falling/rising?

As of 17-Sep, Sir Shadi Lal Enterprises Ltd is experiencing a slight increase in its stock price, currently at Rs 242.00, reflecting a change of 1.0 (0.41%) upward. The stock has shown a performance today that outperformed its sector by 0.25% and has been gaining for the last two days, with a total return of 2.91% during this period. However, despite this recent uptick, the stock has underperformed over the past week with a decline of 0.41% compared to the Sensex's gain of 1.56%. The company has a negative book value and has reported losses for the last five consecutive quarters, which raises concerns about its long-term viability. Additionally, the company's ability to service its debt is weak, indicated by a poor EBIT to Interest ratio of -1.33, further impacting investor sentiment.
Broader Market Context: In the context of the broader market, while the stock has shown some short-term gains, it has significantly underperformed over the longer term, with a year-to-date decline of 20.18% compared to the Sensex's increase of 5.83%. The stock's performance over the past year has been particularly concerning, with a drop of 41.82%, which is much steeper than the overall market's decline of 0.46%. This stark contrast highlights the challenges faced by Sir Shadi Lal Enterprises Ltd, as it struggles with negative operating profits and a lack of investor confidence, despite some recent positive movements in its stock price.