Why is Veer Energy falling/rising?

As of 03-Jul, Veer Energy & Infrastructure Ltd's stock price is currently at 18.18, reflecting an increase of 0.38 or 2.13%. The stock has shown a trend reversal by gaining after two consecutive days of decline and has outperformed its sector by 2.67% today. However, despite this short-term gain, the stock has underperformed over the longer term, with a 1-month return of -7.06% and a year-to-date return of -24.53%. The company is facing significant challenges, including operating losses and a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of -1.69. Additionally, the stock has a negative EBITDA and has generated a return of -14.20% over the past year, with profits falling by 48%, which contributes to its classification as a strong sell.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has gained 1.06% over the past week while the Sensex has declined by 0.62%. This short-term outperformance may be attributed to rising investor participation, as evidenced by a 20.09% increase in delivery volume compared to the 5-day average. However, the stock's long-term performance remains concerning, as it has underperformed the BSE500 over the past three years, one year, and three months. Overall, while there are some positive short-term movements, the underlying financial weaknesses and long-term performance issues suggest that the stock's rise may not be sustainable.