Why is Sir Shadi Lal falling/rising?

As of 18-Sep, Sir Shadi Lal Enterprises Ltd's stock price is currently at 249.95, reflecting an increase of 7.95, or 3.29%. The stock has shown positive momentum, gaining for three consecutive days with a total return of 6.29% during this period. It opened with a gain of 3.31% today and reached an intraday high of Rs 250. Additionally, the stock has outperformed its sector by 2.7%. However, despite these short-term gains, the company faces significant challenges, including a negative book value and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -1.33. The company has reported losses for the last five consecutive quarters, which raises concerns about its long-term viability.
In the broader market context, the stock has outperformed the Sensex over the past week and month, with returns of 2.86% and 8.67%, respectively, compared to the benchmark's 1.80% and 2.14%. However, the stock has underperformed significantly over the longer term, with a year-to-date return of -17.56% and a one-year return of -36.31%, contrasting sharply with the Sensex's positive return of 6.24% during the same period. This disparity highlights the stock's volatility and the risks associated with its negative operating profits and declining net worth, which could deter long-term investors despite recent price increases.