Why is Veer Energy falling/rising?

As of 27-Jun, Veer Energy & Infrastructure Ltd's stock price is currently at 18.42, reflecting an increase of 0.43 or 2.39%. The stock has shown a positive performance today, outperforming its sector by 1.4%, and has experienced consecutive gains over the last two days, rising a total of 2.91%. However, despite this recent uptick, the stock has underperformed significantly over longer periods, with a year-to-date decline of 23.54% and a one-year return of -10.89%. The company is facing challenges, including operating losses and weak long-term fundamental strength, indicated by a poor EBIT to Interest ratio of -1.69 and a low Return on Equity of 1.54%. Additionally, the stock's liquidity appears to be declining, as evidenced by a 58.15% drop in delivery volume compared to the five-day average.
In the broader market context, while the stock has gained in the short term, it has still lagged behind the benchmark, with the Sensex rising by 2.00% over the past week and 3.07% over the past month. This underperformance is further highlighted by the stock's negative returns over the past year, contrasting sharply with the BSE 500's positive return of 4.10%. The company's financial struggles, including a negative EBITDA and a significant drop in profits, suggest that while there may be short-term gains, the long-term outlook remains precarious, contributing to a perception of risk among investors.