Why is Digjam falling/rising?

As of 15-Oct, Digjam Ltd is currently priced at 53.00, reflecting an increase of 0.5 or 0.95%. The stock has shown a trend reversal, gaining after three consecutive days of decline. Despite this recent uptick, the stock has underperformed significantly over various periods, with a year-to-date decline of 17.25% and a staggering 40.97% drop over the past year. The stock's performance today is in line with the sector, and there has been a notable increase in investor participation, with delivery volume rising by 190.87% against the five-day average. However, the company faces challenges due to high debt levels, as indicated by a Debt-Equity Ratio of 10.6 times, and poor long-term growth, with net sales growing at an annual rate of only 85.49% over the last five years.
In the broader market context, the Sensex has shown positive returns, gaining 1.02% over the past week and 5.72% year-to-date, contrasting sharply with Digjam's negative performance. The stock's consistent underperformance against the benchmark over the last three years further highlights its struggles, as it has generated negative returns while the broader market has seen growth. This context suggests that while there may be short-term gains, the long-term outlook for Digjam remains precarious due to its high debt and declining profitability, making it a risky investment compared to the overall market.