Why is Cinevista falling/rising?

As of 17-Oct, Cinevista Ltd's stock price is currently at 19.10, reflecting a rise of 0.07 or 0.37%. The stock has shown strong performance recently, with an 8.83% increase over the last two days and has outperformed its sector by 1.99% today. Additionally, Cinevista is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The company has also seen a significant increase in investor participation, with delivery volume rising by 480.88% against the 5-day average. However, despite these positive indicators, the company faces challenges such as weak long-term fundamental strength, with an average Return on Capital Employed (ROCE) of 0% and declining net sales and operating profit over the past five years.
In the broader market context, Cinevista's short-term return of +7.97% over the past week significantly outpaces the Sensex's return of +1.76% during the same period. While the stock has shown resilience in the short term, its year-to-date performance of +0.79% is notably lower than the Sensex's +7.44%. This divergence suggests that while Cinevista is currently experiencing upward momentum, its long-term prospects remain uncertain due to poor growth metrics and a negative EBITDA, which could pose risks for investors in the future.