Why is Vineet Laborator falling/rising?

As of 30-Jun, Vineet Laboratories Ltd's stock price is currently at Rs 32.22, reflecting an increase of Rs 1.53 or 4.99%. The stock has shown a positive trend recently, gaining 9.22% over the last three days and outperforming its sector by 4.3% today. However, despite this short-term gain, the company has faced significant challenges, including operating losses and a weak long-term fundamental strength, as indicated by a poor EBIT to Interest ratio of 0.75. The company has reported negative results for the last four consecutive quarters, with a substantial decline in both profit before tax and profit after tax compared to previous averages. This consistent underperformance against benchmarks over the last three years raises concerns about the stock's sustainability.
In the broader market context, Vineet Laboratories has outperformed the Sensex in the short term, with a 7.40% return over the past week compared to the Sensex's 2.09%. However, the stock's year-to-date performance shows a stark contrast, with a decline of 48.32% against the Sensex's 7.00% gain. This indicates that while the stock may be experiencing a temporary rise, it has struggled significantly over a longer period, highlighting the risks associated with its weak financial fundamentals and declining investor participation.