Why is Thakral Services falling/rising?

As of 11-Sep, Thakral Services (India) Ltd is currently priced at 10.90, reflecting an increase of 0.41 or 3.91%. The stock has shown a positive trend recently, gaining 9% over the last two days and outperforming its sector by 2.38%. However, despite these short-term gains, the company has a concerning long-term outlook, characterized by a negative book value and weak fundamental strength. The stock has underperformed significantly over the past year, with a return of -68.67%, while its net sales have declined at an annual rate of -55.53%. Additionally, the company carries a high debt load, indicated by a debt-to-equity ratio of 0, which raises concerns about its financial stability.
In the broader market context, Thakral Services has outperformed the benchmark Sensex in the short term, with a 1-week return of +3.81% compared to the Sensex's +1.03%. However, the stock's year-to-date performance remains troubling, with a decline of -79.14% against the Sensex's modest gain of +4.36%. This stark contrast highlights the stock's significant struggles relative to the overall market, despite recent short-term gains. The falling investor participation, as evidenced by a 60.82% drop in delivery volume, further complicates the stock's outlook, suggesting that while there may be some short-term momentum, the long-term fundamentals remain weak.