Why is TCI Industries falling/rising?

As of 17-Sep, TCI Industries Ltd's stock price is currently at 1,395.00, reflecting an increase of 59.0 or 4.42%. Today's performance indicates a trend reversal as the stock has gained after three consecutive days of decline. It opened with a significant gap up of 5.09% and reached an intraday high of Rs 1404.05. However, despite this positive movement, the stock has underperformed in the short term, with a 1-week return of -5.74% and a 1-month return of -3.79%. Additionally, the company faces challenges such as operating losses and weak long-term fundamentals, with an alarming annual growth rate of operating profit at -197.70% over the last five years and a negative EBIT to interest ratio of -1.38. These factors contribute to a perception of risk surrounding the stock, despite its recent price increase.
In the broader market context, TCI Industries' recent performance contrasts with the Sensex, which has shown a positive return of 1.56% over the past week. The stock's ability to outperform its sector by 3.41% today may indicate a temporary rebound, but the overall trend suggests ongoing challenges. The company's liquidity is adequate for trading, but falling investor participation, evidenced by a 14.29% drop in delivery volume, raises concerns about sustained interest. While the stock has generated a modest return of 2.12% over the past year, its profits have significantly declined by -115.9%, highlighting the risks associated with investing in TCI Industries at this time.