Why is Walchand People falling/rising?

As of 26-Jun, Walchand Peoplefirst Ltd's stock price is currently at Rs 149.00, reflecting an increase of Rs 8.0 or 5.67%. The stock has shown a strong performance today, outperforming its sector by 5.53% and opening with a gain of 4.96%. It reached an intraday high of Rs 151.5, indicating positive trading momentum. However, despite this short-term rise, the stock has underperformed over the past year, with a return of -33.11%, significantly lagging behind the benchmark's return of 6.46%. The company faces challenges such as weak long-term fundamental strength, a negative EBITDA, and a poor EBIT to Interest ratio, which contribute to its overall risk profile.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has gained 7.93% over the past week compared to the Sensex's 2.94%. This indicates a short-term recovery phase, but the long-term outlook remains concerning due to the company's declining profitability and weak growth metrics. The stock's liquidity appears adequate for trading, but falling investor participation, as evidenced by a 30.1% drop in delivery volume, raises concerns about sustained interest. Overall, while there are short-term gains, the underlying fundamentals suggest caution for potential investors.