Why is Dharan Infra-EPC falling/rising?

As of 23-Sep, Dharan Infra-EPC Ltd is experiencing a price increase, currently at 0.59, reflecting a rise of 0.01 or 1.72%. The stock has shown strong performance recently, with a consecutive gain over the last 12 days and a notable return of 25.53% over the past month. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 154.13% compared to the 5-day average. However, despite these positive short-term movements, the company faces serious long-term challenges, including operating losses and a weak ability to service its debt, which could impact future performance.
In the broader market context, Dharan Infra-EPC's short-term return of 25.53% over the past month significantly outperforms the Sensex, which has only increased by 0.98% in the same period. This suggests that while the stock is currently gaining traction, it is important to consider the underlying issues, such as a negative EBITDA and poor long-term growth metrics, which could pose risks to its sustainability. The stock's performance over the year remains concerning, with a decline of 40.10%, contrasting sharply with the Sensex's modest drop of 3.33%. Thus, while the stock is rising in the short term, its long-term fundamentals remain weak, indicating a complex investment scenario.