Why is Chennai Meena falling/rising?

As of 29-Aug, Chennai Meenakshi Multispeciality Hospital Ltd is experiencing a price increase, currently at 38.00, reflecting a change of 0.25 or 0.66% upward. The stock has shown strong performance recently, gaining 8.42% over the last three days and outperforming its sector by 1.28% today. In the short term, the stock has delivered a return of 15.15% over the past month, while it has outperformed the benchmark Sensex, which has declined by 1.88% during the same period. However, the company faces challenges, including a negative book value and weak long-term fundamentals, with net sales growth at only 8.74% over the last five years and a high debt-to-equity ratio.
Broader Market Context: In the context of the broader market, Chennai Meenakshi's recent performance contrasts sharply with the Sensex, which has seen a decline of 1.84% over the past week. Despite the stock's positive short-term returns, it has a negative year-to-date performance of -9.52%, while the Sensex has gained 2.14% in the same timeframe. The stock's liquidity is adequate for trading, but a significant drop in delivery volume indicates a potential decrease in investor participation, which could impact future price movements. Overall, while the stock has shown resilience in the short term, its long-term outlook remains uncertain due to fundamental weaknesses.