Why is Zodiac Cloth. Co falling/rising?

As of 13-Aug, Zodiac Clothing Company Ltd is experiencing a price increase, currently at 99.90, reflecting a rise of 3.85 or 4.01%. Today's performance indicates a positive trend, as the stock has outperformed its sector by 3.67% and has gained after two consecutive days of decline. The stock opened with a gain of 3.02% and reached an intraday high of Rs 100.6. However, despite this short-term uptick, the stock has shown poor performance over longer periods, with a year-to-date return of -22.80% and a one-year return of -20.46%. The company is facing significant challenges, including operating losses and a weak long-term fundamental strength, as evidenced by declining net sales and operating profit over the past five years. Additionally, the stock is trading below all key moving averages, indicating a bearish trend in the longer term.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has shown a slight decline of only 0.01% over the past week. This suggests that while Zodiac Clothing Company Ltd has experienced a temporary rebound, it remains under pressure compared to the overall market. The company’s financial health is concerning, with a high debt-equity ratio and negative EBITDA, which raises risks for investors. Despite a rise in investor participation indicated by increased delivery volume, the stock's long-term outlook remains bleak, further complicating its recovery prospects in the face of broader market trends.