Why is Ucal falling/rising?

As of 02-Sep, Ucal Ltd's stock price is currently at Rs 137.20, reflecting an increase of Rs 4.7 or 3.55%. The stock has shown a trend reversal by gaining after two consecutive days of decline and has outperformed its sector by 3.29% today. Despite this positive movement, the stock has experienced a significant decline of 31.72% year-to-date and a 27.81% drop over the past year, indicating a consistent underperformance against the benchmark. The company faces challenges such as a high Debt to EBITDA ratio and weak long-term fundamental strength, evidenced by a -187.15% CAGR growth in operating profits over the last five years, which may contribute to investor caution despite today's gains.
In the broader market context, Ucal Ltd's short-term performance of +0.85% over the past week contrasts with the Sensex, which has declined by 0.78% during the same period. This indicates that while Ucal is experiencing a temporary rise, it has still underperformed against the benchmark over longer periods, including a -4.99% return over the last month compared to the Sensex's -0.55%. The stock's liquidity appears adequate for trading, but the overall negative operating profits and low return on equity suggest that investors remain wary of its long-term prospects, despite the recent uptick in price.