Why is Trio Merc. Trad. falling/rising?

As of 11-Aug, Trio Mercantile & Trading Ltd's stock price is currently at 0.62, reflecting an increase of 0.01 or 1.64%. The stock has shown a positive trend recently, gaining for three consecutive days with a total return of 12.73% during this period. However, despite this short-term gain, the stock has underperformed significantly over longer periods, with a year-to-date decline of 47.90% and a one-year return of -38.00%. The company is facing challenges, including operating losses and weak long-term fundamentals, as evidenced by a negative EBITDA and a significant decline in net sales and operating profit. Additionally, the delivery volume has decreased sharply, indicating falling investor participation.
In the broader market context, the stock has outperformed its sector by 0.95% today, but it is important to note that its recent gains come against a backdrop of a 1.59% decline over the past week, while the benchmark Sensex has only fallen by 0.51% in the same timeframe. This suggests that while the stock is experiencing a brief rally, it remains under pressure compared to the overall market performance. The stark contrast between the stock's long-term performance and the benchmark's positive return of 3.15% year-to-date highlights the ongoing struggles of Trio Mercantile & Trading Ltd in a challenging market environment.