Why is TCI Industries falling/rising?

As of 14-Jul, TCI Industries Ltd is experiencing a price increase, currently at 1,318.60, reflecting a rise of 62.75 or 5.0%. The stock has shown a positive trend today, gaining after four consecutive days of decline, and it opened with a 5% gain. Despite this uptick, the stock has underperformed in the long term, with a year-to-date return of -17.07% and a one-year return of -5.88%. The company's financial health is concerning, as it has reported operating losses and a negative EBITDA, which raises questions about its long-term viability. Additionally, the stock's delivery volume has significantly decreased, indicating falling investor participation, which could impact future price movements.
In the broader market context, TCI Industries has outperformed the Sensex by 5.52% today, contrasting with its one-week return of +2.30% compared to the Sensex's -1.42%. However, the stock's long-term performance remains weak, with consistent underperformance against the benchmark over the last three years. While the stock has shown some short-term gains, the overall negative financial indicators and the company's inability to service its debt effectively suggest that the recent rise may not be sustainable in the long run.