Why is Tijaria Polypipe falling/rising?

As of 29-Jul, Tijaria Polypipes Ltd's stock price is currently at 7.56, reflecting an increase of 0.1 or 1.34%. Today's price summary indicates that the stock has outperformed its sector by 0.69% and has experienced a trend reversal, gaining after three consecutive days of decline. However, despite this short-term uptick, the stock has shown a significant decline over the past week and month, with returns of -7.69% and -12.60%, respectively. The stock's long-term performance remains concerning, with a year-to-date decline of -38.03% and a staggering -57.26% drop over the past year. The company is facing challenges such as a negative book value, poor long-term growth, and high debt levels, which contribute to its weak fundamental strength.
In the broader market context, Tijaria Polypipes has underperformed compared to the benchmark, with the Sensex showing a decline of only -1.03% over the past week and -3.24% over the past month. This stark contrast highlights the stock's struggles, particularly given its negative EBITDA and the lowest recorded debtor turnover ratio. While the stock's recent performance may suggest a slight recovery, its overall trajectory remains negative, especially when compared to the broader market's relatively stable performance. The significant drop in investor participation, as evidenced by a 75.22% decrease in delivery volume, further underscores the stock's challenges in attracting sustained interest from investors.