Why is TCI Industries falling/rising?

As of 15-Jul, TCI Industries Ltd is experiencing a price increase, currently at 1,355.00, reflecting a rise of 36.4 points or 2.76%. The stock has shown a positive performance today, outperforming its sector by 1.42% and has gained 7.9% over the last two days. Despite this recent uptick, the company has faced significant challenges, including operating losses and a weak long-term fundamental strength, as evidenced by a drastic decline in operating profit over the past five years. The stock has also underperformed against benchmarks over the last three years, with a return of -7.51% in the past year, indicating persistent struggles despite the recent price movement.
In the broader market context, TCI Industries has outperformed the Sensex in the short term, with a 5.12% gain over the past week compared to the benchmark's decline of 1.36%. However, the company's long-term performance remains concerning, with a negative EBITDA and a poor ability to service its debt, which could overshadow the recent positive price action. The stock's liquidity appears adequate, with a significant increase in delivery volume, suggesting rising investor participation, yet the underlying financial health raises questions about sustainability in the face of ongoing operational challenges.