Why is City Online Ser. falling/rising?

As of 10-Jul, City Online Services Ltd is currently priced at 6.25, reflecting a rise of 0.13 or 2.12%. Despite this positive movement today, the stock has been underperforming in the longer term, with a significant decline of 19.97% over the past month and a year-to-date drop of 23.22%. Today's performance shows that the stock outperformed its sector by 1.17%, but it is trading below all key moving averages, indicating a bearish trend. Additionally, there has been a drastic decline in investor participation, with delivery volume falling by 98.98% compared to the 5-day average. The company's negative book value and high debt levels further contribute to its weak long-term fundamental strength, as evidenced by poor sales growth and a low EPS.
In the broader market context, the Sensex has shown a slight decline of 0.06% over the past week, contrasting with City Online Services Ltd's 3.65% gain in the same period. However, the stock's consistent underperformance against the benchmark over the last three years, alongside a negative return of 5.30% in the past year, highlights its ongoing struggles. The company's financial health is concerning, with a negative book value and a high debt-to-equity ratio, which may deter potential investors despite today's uptick in price. Overall, while there is a temporary rise in the stock price, the underlying fundamentals and market conditions suggest a challenging environment for City Online Services Ltd.