Why is Credent Global falling/rising?

As of 30-Jul, Credent Global Finance Ltd's stock price is currently at 22.70, reflecting an increase of 0.3 or 1.34%. The stock has shown a trend reversal by gaining after five consecutive days of decline. Despite this recent uptick, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally weak performance. The stock has underperformed the market significantly over the past year, with a return of -18.05% compared to the benchmark's -2.34%. Positive results reported on March 25, including the highest quarterly profit after tax (PAT) of Rs 3.31 crore and an earnings per share (EPS) of Rs 0.64, may have contributed to the recent interest, but the long-term fundamentals remain weak, with a negative EBITDA and declining net sales.
In the broader market context, while the Sensex has shown a slight decline of 1.50% over the past week, Credent Global's stock has fared worse, dropping by 4.02% in the same period. The stock's liquidity appears adequate, with a delivery volume that has risen significantly, suggesting increased investor participation. However, the overall sentiment remains cautious due to the company's weak long-term growth prospects, as indicated by an average return on equity (ROE) of only 10.10% and a concerning trend of declining profits. This combination of factors contributes to a complex picture where short-term gains are overshadowed by long-term risks, leading to a cautious outlook for investors.