Why is Swan Corp falling/rising?

As of 07-Nov, Swan Corp Ltd is experiencing a price increase, currently at 469.25, reflecting a rise of 34.3 or 7.89%. Today's performance indicates that the stock has outperformed its sector by 7.24% and has shown a trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 482.2, marking a significant increase of 10.86%. However, the stock's year-to-date performance remains concerning, with a decline of 34.83%, despite a positive return of 4.68% over the past month. The company's high institutional holdings at 21.79% suggest that these investors may have confidence in the stock's potential, although the company faces challenges such as a weak long-term fundamental strength and a high Debt to EBITDA ratio, which could impact future profitability.
In the broader market context, Swan Corp's recent performance contrasts with the Sensex, which has seen a decline of 0.86% over the past week. While the stock has gained in the short term, it has underperformed the market over the last year, generating negative returns of -12.39% compared to the benchmark's positive return of 2.78%. This underperformance, combined with a negative EBITDA and low profitability metrics, indicates that while there may be short-term gains, the long-term outlook remains uncertain, and investor sentiment could be influenced by these fundamental weaknesses.