Why is Unitech Internat falling/rising?

As of 17-Jul, Unitech International Ltd's stock price is currently at 4.74, reflecting an increase of 0.05 or 1.07%. The stock has shown positive momentum, gaining 4.18% over the last two days and outperforming its sector by 0.9% today. Despite this short-term gain, the stock has underperformed significantly over the longer term, with a year-to-date decline of 6.69% and a one-year return of -10.06%. The company faces challenges such as a negative book value, a high debt-to-EBITDA ratio of 7.51 times, and reported losses, which contribute to its weak long-term fundamental strength. These factors suggest that while there may be short-term gains, the overall outlook remains concerning for investors.
In the broader market context, Unitech's recent performance contrasts with the benchmark, as it has outperformed the Sensex by 1.07% over the past week, while the Sensex itself has declined by 1.12%. However, the stock's longer-term performance has been disappointing, with consistent underperformance against the benchmark over the last three years. The stock's liquidity appears adequate for trading, but the high debt levels and negative EBITDA indicate significant risks that could overshadow its recent gains. Overall, while there are signs of short-term improvement, the underlying financial health of the company raises concerns about its sustainability moving forward.