Why is Compuage Info. falling/rising?

As of 15-Jul, Compuage Infocom Ltd's stock price is currently at 2.46, reflecting an increase of 0.11 or 4.68%. The stock has shown a positive trend recently, with a performance that has outperformed its sector by 6.12% today and has gained 9.33% over the last two days. In the past week, the stock has risen by 14.95%, while over the past month, it has increased by 16.04%. However, the company faces significant challenges, including a high Debt to EBITDA ratio of 5.01 times and a recent history of poor financial performance, with a net sales decline of 69.83% and a negative PAT of Rs -137.42 crore. These factors contribute to a weak long-term fundamental strength, raising concerns among investors.
Broader market context indicates that while Compuage Infocom Ltd has performed well in the short term, it has consistently underperformed against the benchmark, with a year-to-date return of -15.17% compared to the Sensex's 5.67%. The stock's recent gains come amid rising investor participation, as evidenced by a 37.2% increase in delivery volume. Despite these short-term improvements, the company's long-term outlook remains precarious due to its lack of recent financial results and ongoing operational challenges, which may temper investor enthusiasm moving forward.