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

As of 14-Aug, Sri Lakshmi Saraswathi Textiles (Arni) Ltd is experiencing a price increase, currently at 40.00, with a change of 0.5, representing a rise of 1.27%. The stock has outperformed its sector by 2.2% today and has shown a consecutive gain over the last two days, rising 5.1% during this period. However, despite this short-term positive movement, the company faces significant challenges, including a negative book value and weak long-term fundamental strength, with net sales growing at only 6.08% annually over the last five years. The stock has also underperformed against the benchmark over the last three years, generating a return of -12.95% in the past year.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has shown a slight decline of 0.03% over the past week. While the stock has gained 4.99% in the same timeframe, its long-term performance remains concerning, with a significant underperformance against the benchmark indices over the past three years. The rising investor participation, indicated by an increase in delivery volume, suggests some positive sentiment; however, the company's high debt levels and negative EBITDA position it as a risky investment compared to its historical valuations.