Why is DigiSpice Tech. falling/rising?

As of 12-Aug, DigiSpice Technologies Ltd's stock price is currently at 22.00, reflecting an increase of 0.68, or 3.19%. The stock has shown a positive performance today, outperforming its sector by 4.11% and has been on a gaining streak for the last two days, accumulating a total return of 5.11%. However, despite this recent uptick, the stock has underperformed significantly over the longer term, with a year-to-date decline of 30.90% and a staggering 43.18% drop over the past year. The company faces challenges such as low profitability, indicated by a return on equity of only 3.34%, and negative results for the last four consecutive quarters, which may contribute to investor caution despite the recent price increase.
In the broader market context, DigiSpice Technologies has underperformed compared to the Sensex, which has gained 2.68% year-to-date. The stock's recent short-term gains stand in contrast to its longer-term performance, which has consistently lagged behind the benchmark over the past three years. The company's low debt-to-equity ratio may suggest some financial stability; however, the negative EBITDA and poor management efficiency raise concerns about its future growth prospects. Additionally, the lack of investment from domestic mutual funds may indicate a lack of confidence in the company's valuation and business model, further complicating its market position.