Why is Sri Lak.Sar.Arni falling/rising?

As of 25-Jul, Sri Lakshmi Saraswathi Textiles (Arni) Ltd is experiencing a price increase, currently at Rs 40.00, reflecting a change of 1.95 or 5.12% upward. Today's price summary indicates that the stock has outperformed its sector by 7.99% and has gained after four consecutive days of decline, reaching an intraday high of Rs 40. However, the stock has shown a negative performance over the past week and month, with declines of 4.31% and 14.88%, respectively. The company is facing challenges, including a negative book value and weak long-term fundamentals, as evidenced by a poor growth rate in net sales and operating profit over the last five years. Additionally, the stock is considered risky due to its negative EBITDA and high debt levels, which may contribute to its inconsistent performance against benchmarks.
In the broader market context, while the Sensex has seen a slight decline of 0.36% over the past week, Sri Lakshmi Saraswathi Textiles has underperformed significantly over the longer term, with a 1-year return of -11.58% compared to the benchmark's positive return of 1.78%. Despite today's positive movement, the stock's overall trend indicates a consistent underperformance against the BSE500 over the last three years, suggesting that while there may be short-term gains, the long-term outlook remains challenging.