Why is AGS Transact falling/rising?

As of 07-Jul, AGS Transact Technologies Ltd is currently priced at 5.91, reflecting an increase of 0.28 or 4.97%. The stock has shown a strong performance recently, gaining 31.33% over the last six days and outperforming its sector by 5.61% today. Despite this short-term rise, the company faces significant challenges, including a high Debt to EBITDA ratio of 3.33 times and a very negative PAT of Rs -194.26 crore, which has fallen by -8555.3% compared to the previous four-quarter average. The company has not declared results in the last six months, indicating weak long-term fundamental strength, and has experienced a drastic fall in net sales of -40.4%. These factors contribute to a perception of risk surrounding the stock, despite its recent gains.
In the broader market context, AGS Transact's short-term return of +25.21% over the past week stands in stark contrast to the Sensex, which has seen a slight decline of -0.20%. While the stock has performed well in the short term, it has significantly underperformed over longer periods, with a year-to-date return of -91.02% and a one-year return of -92.73%. This underperformance relative to the benchmark indicates that while there may be short-term optimism, the long-term outlook remains bleak, further complicating the stock's overall appeal to investors.