Why is Worldwide Alumi. falling/rising?

As of 01-Jul, Worldwide Aluminium Ltd's stock price is currently at 20.42, reflecting an increase of 0.97 or 4.99%. The stock has been gaining momentum, with a consecutive gain over the last two days resulting in a total return of 9.67%. Despite this recent uptick, the stock has underperformed in the longer term, with a year-to-date decline of 26.99% and a one-year return of -31.66%. Positive factors contributing to the recent rise include higher net sales reported at Rs 44.52 crore for the latest six months; however, the company faces significant challenges, including operating losses and a weak long-term fundamental strength, which may hinder sustained growth.
In the broader market context, the stock's recent performance has outpaced its sector by 6.34%, although it has still lagged behind the benchmark Sensex, which has gained 2.00% over the past week and 2.76% over the past month. While the stock's short-term performance shows some recovery, its long-term outlook remains concerning due to poor EBIT to interest ratios and negative EBITDA, indicating a risky investment compared to historical valuations. The decline in investor participation, with a significant drop in delivery volume, further complicates the stock's recovery prospects.