Why is Sybly Industries falling/rising?

As of 01-Jul, Sybly Industries Ltd is currently priced at 1.79, reflecting an increase of 0.08 or 4.68%. The stock has shown a positive performance today, outperforming its sector by 5.54% and has experienced consecutive gains over the last two days, resulting in a total return of 9.82% during this period. However, despite this recent uptick, the stock has significantly underperformed over longer periods, with a staggering decline of 66.85% year-to-date and 74.02% over the past year. The company is facing serious financial challenges, including a high debt-equity ratio of 5.95 times and a negative EBITDA, which indicates weak long-term fundamental strength. Additionally, the company's net sales have plummeted at an annual rate of -100.00% over the last five years, further contributing to its poor performance.
In the broader market context, while Sybly Industries has seen a short-term rise, it has consistently lagged behind the benchmark, with a 1-week return of -4.79% compared to the Sensex's gain of +2.00%. This trend of underperformance is evident over longer periods as well, with the stock generating -74.02% returns in the last year while the benchmark has increased by 5.31%. The rising investor participation, indicated by a significant increase in delivery volume, suggests some interest in the stock, but the overall financial health and consistent underperformance against the benchmark raise concerns about its sustainability.