Why is TCM falling/rising?

As of 18-Sep, TCM Ltd's stock price is currently at Rs 47.00, reflecting an increase of Rs 2.0 or 4.44%. The stock has shown strong performance recently, gaining 11.9% over the last four days and outperforming its sector by 5.24% today. It has also been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, despite these short-term gains, the company faces significant challenges, including operating losses and a high Debt to EBITDA ratio of -1.00 times. The recent quarterly PAT has fallen by 128.6%, and net sales have decreased by 21.70%, contributing to a weak long-term fundamental strength.
In the broader market context, TCM's short-term return of 6.21% over the past week significantly outpaces the Sensex's return of 1.80% during the same period. However, the company's year-to-date performance remains negative at -4.45%, contrasting with the Sensex's positive return of 6.24%. This divergence highlights the stock's volatility and the risks associated with its financial health, as it is trading at risky valuations despite recent gains. The overall market sentiment may be buoyed by the stock's recent performance, but the underlying financial issues could pose risks for future stability.