Why is Veer Energy falling/rising?

As of 04-Jul, Veer Energy & Infrastructure Ltd is currently priced at 18.19, reflecting a slight increase of 0.01 (0.06%). The stock has shown a positive movement recently, gaining 2.19% over the last two days, although it has underperformed in the longer term with a 1-month decline of 6.24% and a year-to-date drop of 24.49%. Despite these recent gains, the company faces significant challenges, including operating losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -1.69. Additionally, the stock's low profitability, with a Return on Equity of only 1.54%, and negative EBITDA further contribute to its classification as a strong sell.
In the broader market context, the stock's recent performance has been somewhat in line with sector trends, but it still lags behind the benchmark Sensex, which has gained 3.01% over the past month. While the stock has seen increased investor participation, as evidenced by a 28.13% rise in delivery volume, its long-term performance remains concerning, with a 14.28% decline over the past year compared to the Sensex's 4.23% increase. Overall, the combination of short-term gains amidst a backdrop of long-term underperformance and financial instability suggests that while there may be temporary upward movements, the stock's fundamental weaknesses are likely to weigh heavily on its future prospects.