Why is Vision Cinemas falling/rising?

As of 01-Aug, Vision Cinemas Ltd's stock price is currently at 1.10, reflecting an increase of 0.05 or 4.76%. Today's performance indicates that the stock has outperformed its sector by 4.06%, although it remains higher than the 5-day moving averages but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Despite this short-term gain, the stock has shown a decline of 3.51% over the past month and a significant year-to-date drop of 18.52%. The company faces challenges with operating losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -0.12 and a low Return on Equity of 0.38%. These factors contribute to a perception of the stock as a strong sell, particularly given its consistent underperformance against benchmarks over the last three years.
In the broader market context, Vision Cinemas' short-term return of +0.92% over the past week contrasts with the Sensex's decline of -1.06%, suggesting a relative strength in the stock despite its longer-term struggles. The stock's year-to-date performance of -18.52% starkly contrasts with the Sensex's gain of +3.15%, highlighting a significant divergence in performance. This underperformance, coupled with falling investor participation and liquidity concerns, indicates that while there may be some short-term optimism reflected in today's price movement, the overall outlook remains cautious due to the company's fundamental weaknesses and historical performance trends.