Why is City Online Ser. falling/rising?

As of 13-Aug, City Online Services Ltd is experiencing a price increase, currently at 8.62, reflecting a change of 0.16 or 1.89% upward. The stock has shown strong performance recently, with a consecutive gain over the last six days, resulting in a total return of 12.09% during this period. Additionally, the stock has outperformed its sector by 2.13% today and has demonstrated significant returns over various time frames, including a 35.75% increase over the past year, despite the broader market's negative performance. However, the company faces challenges, including a negative book value and weak long-term growth indicators, such as declining net sales and a high debt-to-equity ratio, which may pose risks for investors.
In the broader market context, while City Online Services Ltd has outperformed the benchmark Sensex, which has seen a slight decline of 0.01% over the past week, the stock's 1-week return of 9.95% highlights its strong relative performance. Despite the overall market generating negative returns of -0.64% in the last year, City Online Services Ltd has managed to achieve a notable return of 35.75%. This contrast suggests that investor sentiment may be favoring the stock in the short term, even as its long-term fundamentals remain questionable due to its financial weaknesses.