Why is Banka Bioloo falling/rising?

As of 06-Oct, Banka Bioloo Ltd is experiencing a price increase, currently at 89.58, reflecting a change of 2.26 or 2.59% upward. The stock has shown a strong performance today, outperforming its sector by 2.88%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has gained 7.53%, while its 1-month return stands at 2.16%. However, the company faces significant challenges, including a weak long-term fundamental strength with a -235.44% CAGR growth in operating profits over the last five years and a high debt-to-EBITDA ratio of 3.77 times. The company has also reported negative results for the last four consecutive quarters, which may dampen investor confidence despite the recent price increase.
In the broader market context, Banka Bioloo's recent short-term performance of +7.53% over the past week significantly outpaces the Sensex, which has only increased by 1.80% in the same period. However, the stock's year-to-date performance remains concerning, with a decline of -10.31%, contrasting sharply with the Sensex's gain of 6.06%. This underperformance over the longer term, particularly its -19.82% return over the past year compared to the market's slight gain of 0.25%, indicates that while there may be short-term gains, the overall outlook for Banka Bioloo remains precarious due to its ongoing financial difficulties and negative earnings trends.