Why is Chennai Meena falling/rising?

As of 08-Jul, Chennai Meenakshi Multispeciality Hospital Ltd's stock price is currently at 34.75, reflecting an increase of 0.25 or 0.72%. The stock has shown a strong performance recently, gaining 6.92% over the last four days and outperforming its sector by 1.57%. In terms of returns, the stock has increased by 5.30% over the past week and 10.35% over the past month, while it has underperformed on a year-to-date basis with a decline of 17.26%. However, the stock's long-term fundamentals are concerning, as it has a negative book value and has experienced poor growth in net sales and operating profit over the last five years. Additionally, the promoters have reduced their stake by 10.06%, indicating a potential lack of confidence in the company's future.
Broader Market Context: The Sensex has shown minimal movement with a 0.02% increase over the past week and a 1.85% increase over the past month, suggesting that the broader market has not significantly influenced the stock's recent rise. While the stock's short-term performance has been strong compared to the benchmark, its year-to-date performance remains significantly lower than the Sensex's 7.13% increase. This contrast highlights that despite recent gains, the stock's long-term outlook appears weak, which could be a concern for investors looking for stability.