Why is TPI India falling/rising?

As of 02-Sep, TPI India Ltd's stock price is currently at 18.55, reflecting an increase of 0.55 or 3.06%. The stock has shown positive momentum, gaining 7.85% over the last two days and outperforming its sector by 1.77% today. Additionally, TPI India has performed well in the short term, with a 1.09% increase over the past week and a substantial 19.68% rise over the past month, while it is trading above all key moving averages. However, the company faces significant challenges, including a negative book value and a high debt-to-equity ratio, which contribute to its weak long-term fundamental strength. Despite recent gains, the stock has underperformed over the past year, with a return of -24.22%, indicating ongoing concerns about its financial health.
In the broader market context, TPI India has outperformed the Sensex in the short term, contrasting with the benchmark's decline of 0.78% over the past week and 0.55% over the past month. This suggests that while TPI India is experiencing a positive price movement recently, it has consistently underperformed against broader market indices over the longer term, particularly in the last three years. The company's weak long-term growth prospects, evidenced by stagnant net sales and operating profit, alongside a significant decline in performance over the past year, highlight the risks associated with its recent price increase.