Why is Tijaria Polypipe falling/rising?

As of 01-Aug, Tijaria Polypipes Ltd is experiencing a price increase, currently at 7.96, which reflects a change of 0.37 or 4.87% upward. The stock has shown a positive performance today, outperforming its sector by 6.18%, and has gained consecutively over the last two days with a total return of 12.11%. Despite this short-term gain, the stock has had a challenging year, with a year-to-date decline of 34.75% and a one-year drop of 52.98%. The company is facing significant challenges, including a negative book value and weak long-term fundamentals, as evidenced by a 100% annual decline in net sales and a debt-to-equity ratio averaging 0 times. In the broader market context, Tijaria Polypipes has underperformed compared to the benchmark, with the Sensex showing a slight gain of 3.15% year-to-date while Tijaria's performance has been significantly negative. The stock's recent rise contrasts with its overall poor performance over the past year, where it has generated a return of -52.98% compared to the market's decline of only -4.13%. This discrepancy highlights the stock's volatility and the risks associated with its current trading status, as it continues to struggle with high debt and negative EBITDA, making it a risky investment despite the recent uptick in price.