Why is Sybly Industries falling/rising?

As of 25-Jul, Sybly Industries Ltd's stock price is currently at 2.01, reflecting an increase of 0.03 or 1.52%. The stock has shown a strong performance recently, gaining 9.84% over the last six days and outperforming its sector by 3.5% today. However, despite these short-term gains, the company faces significant challenges, including a high debt-to-equity ratio of 5.95, indicating weak long-term fundamental strength. The company's net sales have declined at an annual rate of -100.00% over the past five years, and it has reported substantial losses in profit before tax and profit after tax, which have fallen dramatically compared to previous quarters. This combination of poor financial health and negative EBITDA suggests that while the stock may be experiencing a temporary rise, its long-term outlook remains precarious.
In the broader market context, Sybly Industries has outperformed the Sensex in the short term, with a 1-week return of +8.06% compared to the benchmark's -0.36%. However, the stock has significantly underperformed over longer periods, with a year-to-date return of -62.78% against the Sensex's +4.25%. This stark contrast highlights the stock's volatility and the risks associated with its high debt levels and declining sales, which could deter long-term investors despite the recent uptick in price.