Why is TCI Industries falling/rising?

As of 11-Sep, TCI Industries Ltd is currently priced at 1,485.00, reflecting an increase of 5.0 (0.34%). The stock has been gaining momentum, having risen 5.32% over the last three days, despite opening with a loss of 5% today. It reached an intraday high of Rs 1540, indicating some volatility within the trading day. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a positive short-term trend. However, the company faces significant challenges, including operating losses and a weak long-term fundamental strength, with an alarming annual rate of -197.70% in operating profit growth over the last five years. Additionally, the company's ability to service its debt is compromised, as indicated by a poor EBIT to Interest ratio of -1.38, which raises concerns about its financial health.
In the broader market context, TCI Industries has outperformed the Sensex in the short term, with a 1-week return of +4.59% compared to the benchmark's +1.03%. Despite this positive short-term performance, the stock's year-to-date return remains negative at -6.60%, contrasting with the Sensex's +4.36%. This discrepancy highlights the stock's struggles despite recent gains, as it has generated a modest 4.65% return over the past year while experiencing a significant decline in profits of -115.9%. The combination of rising investor participation, as evidenced by a 28.21% increase in delivery volume, and the stock's liquidity may provide some support, but the underlying financial weaknesses present a risky investment scenario.