Why is City Online Ser. falling/rising?

As of 19-Nov, City Online Services Ltd is experiencing a price increase, currently at 8.46, reflecting a rise of 0.4 or 4.96%. The stock has shown strong performance recently, gaining 46.88% over the last eight days and outperforming its sector by 4.1% today. Additionally, the stock has generated a return of 23.87% over the past year, significantly higher than the market average of 8.18%. However, it is important to note that the company has a negative book value and weak long-term fundamentals, with net sales declining at an annual rate of -2.75% and operating profit stagnating at 0% over the last five years. This backdrop of poor long-term growth, coupled with high debt levels, raises concerns about the sustainability of the stock's recent gains.
In the broader market context, City Online Services Ltd has outperformed the Sensex significantly in the short term, with a 1-week return of 27.22% compared to the benchmark's 0.85%. Despite this impressive short-term performance, the stock's liquidity has been affected, as indicated by a 46.27% drop in delivery volume against the 5-day average. This decline in investor participation could signal potential caution among investors, especially given the company's negative operating profits and the risk associated with its historical valuations. Overall, while the stock is currently rising, its long-term outlook remains uncertain due to fundamental weaknesses.