Why is TPI India falling/rising?

As of 04-Sep, TPI India Ltd's stock price is currently at 18.16, reflecting a slight increase of 0.06 or 0.33%. The stock has shown a positive performance today, outperforming its sector by 0.84%. Additionally, TPI India is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. The stock has also experienced a notable increase in investor participation, with delivery volume rising by 77.92% compared to the 5-day average. However, despite these positive indicators, the company faces significant challenges, including a negative book value and high debt levels, which contribute to its weak long-term fundamental strength. The stock has underperformed against benchmarks over the past year, generating a return of -22.36%.
In the broader market context, TPI India's short-term return of +3.77% over the past week significantly outpaces the Sensex's return of +0.80%. This suggests that while TPI India is experiencing a temporary rise in price, it has struggled in the long term, with a year-to-date return of -9.20% compared to the Sensex's +3.30%. The company's poor long-term growth metrics, including stagnant operating profit and declining net sales, alongside its consistent underperformance against the benchmark over the last three years, indicate that the recent price movements may not be sustainable without substantial improvements in its financial health.