Why is Ashima falling/rising?

As of 17-Sep, Ashima Ltd's stock price is currently at 24.45, reflecting an increase of 0.75 or 3.16%. The stock has shown a positive performance today, outperforming its sector by 2.15%. Additionally, the stock's delivery volume has risen significantly, increasing by 86.06% compared to the 5-day average, indicating rising investor participation. However, despite this short-term uptick, the company has faced significant challenges, including a weak long-term fundamental strength characterized by a -45.15% CAGR growth in net sales over the last five years and negative results for the last three consecutive quarters. This backdrop of declining profitability and negative EBITDA suggests that while the stock may be experiencing a brief rise, the underlying financial health remains concerning.
In the broader market context, Ashima Ltd's short-term return of +2.30% over the past week has outperformed the benchmark Sensex, which increased by 1.56%. However, the stock has underperformed over the longer term, with a year-to-date decline of -24.77% compared to the Sensex's gain of +5.83%. This disparity highlights the stock's volatility and the market's cautious sentiment towards it, especially given its significant losses over the past year. Overall, while there is a temporary rise in stock price, the fundamental weaknesses and historical performance suggest a challenging outlook for Ashima Ltd.