Why is Dish TV India falling/rising?

As of 08-Jul, Dish TV India Ltd's stock price is currently at 5.61, reflecting an increase of 0.26 or 4.86%. The stock has shown a strong performance today, outperforming its sector by 4.13% and marking its fourth consecutive day of gains with a total return of 12.42% over this period. However, despite this short-term positive movement, the company has a negative book value and has reported negative results for the last seven consecutive quarters, indicating weak long-term fundamental strength. The company's ability to service its debt is also concerning, with a poor EBIT to Interest ratio, which may contribute to investor caution despite the recent uptick in stock price.
In the broader market context, Dish TV's short-term return of +11.75% over the past week significantly outpaces the Sensex's minimal gain of +0.02%. However, the stock's long-term performance remains troubling, with a year-to-date decline of -45.80% and a one-year return of -63.14%, both of which are substantially worse than the benchmark's positive returns. The lack of investment from domestic mutual funds, which hold 0% of the company, further suggests a lack of confidence in the stock's future prospects, despite the recent price increase.