Why is Vikas Proppant falling/rising?

As of 05-Jun, Vikas Proppant & Granite Ltd is experiencing a price increase, currently at 0.40, with a change of 0.01 or 2.56% up. The stock has been gaining for the last two days, resulting in a total return of 5.26% during this period. It has outperformed its sector by 1.77% today. However, despite this short-term positive movement, the company faces significant long-term challenges, including a high Debt to EBITDA ratio of 10.88 times and a low average Return on Equity of 4.69%, indicating weak profitability. Additionally, the stock is technically in a mildly bearish range, and there has been no financial result declared in the last six months, raising concerns about its stability.
In the broader market context, the stock's short-term return of 2.56% over the past week contrasts with the Sensex, which has declined by 0.23% during the same period. While Vikas Proppant has shown some resilience in the short term, its year-to-date performance remains poor at -18.37%, significantly lagging behind the Sensex's gain of 4.23%. This disparity highlights the stock's ongoing struggles despite recent gains, as it continues to face risks associated with its financial health and market perception.