Why is City Online Ser. falling/rising?

As of 12-Aug, City Online Services Ltd is experiencing a price increase, currently at 8.46, with a change of 0.16, representing a rise of 1.93%. The stock has shown strong performance recently, gaining 10.01% over the past week and 28.96% over the past month, significantly outperforming the benchmark Sensex, which has declined by 0.59% and 2.75% in the same periods, respectively. Additionally, the stock has been on a consecutive gain streak for the last five days and is trading above all key moving averages. However, despite this positive momentum, the company has a negative book value and weak long-term fundamentals, with net sales declining at an annual rate of -8.64% over the last five years, which raises concerns about its sustainability.
In the broader market context, while the stock has generated a return of 33.23% over the past year, the overall market, represented by the BSE500, has faced negative returns of -2.11%. This stark contrast highlights the stock's ability to outperform despite broader market challenges. The rising investor participation, indicated by a significant increase in delivery volume, suggests growing confidence among investors, although the company's high debt levels and poor long-term growth prospects remain concerning factors that could impact future performance.