Why is Ashika Credit falling/rising?

As of 02-Jul, Ashika Credit Capital Ltd's stock price is currently at 385.05, reflecting an increase of 2.85 (0.75%). The stock has shown a trend reversal by gaining after three consecutive days of decline, outperforming its sector by 1.98%. Despite this positive movement today, the stock has experienced a significant decline of 53.66% year-to-date and a 3.48% drop over the past month. While it has generated an impressive return of 375.14% over the past year, the company is facing challenges, including operating losses and negative EBITDA, which contribute to its weak long-term fundamental strength.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has gained 0.79% over the past week and 2.50% over the past month. This indicates that while Ashika Credit has seen a short-term uptick, it has underperformed relative to the broader market trends. The decline in investor participation, as evidenced by a 7.75% drop in delivery volume, further highlights the stock's volatility and the risks associated with its current trading status. Overall, despite today's rise, the underlying financial issues and poor long-term growth prospects suggest caution for investors.