Why is Azad India falling/rising?

As of 09-Jul, Azad India Mobility Ltd's stock price is currently at 139.00, reflecting an increase of 0.45 (0.32%). The stock has been gaining for the last two days, with a total return of 1.09% during this period. However, it has underperformed in the longer term, with a decline of 10.32% over the past month and a significant drop of 12.28% over the past year. The stock is trading above its 100-day moving average but below its shorter-term moving averages, indicating mixed performance. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 66.8% compared to the 5-day average. The stock is considered risky due to negative EBITDA and has shown flat results in its latest financial report, contributing to its overall underperformance compared to the market.
In the broader market context, Azad India Mobility Ltd's short-term return of 0.36% over the past week is slightly better than the Sensex's return of 0.15%. However, the stock has significantly lagged behind the benchmark over the past year, where the market has generated a return of 3.96% while the stock has declined by 12.28%. This underperformance, coupled with the stock's risky valuation and declining investor interest, suggests that while there may be short-term gains, the long-term outlook remains challenging compared to the broader market trends.