Why is Dish TV India falling/rising?

As of 16-Sep, Dish TV India Ltd's stock price is currently at 5.72, reflecting an increase of 0.07 or 1.24%. The stock has shown a positive trend recently, gaining 1.96% over the last two days and outperforming its sector by 0.89%. In the past week, the stock has risen by 5.73%, and over the past month, it has increased by 15.09%. However, the company has faced significant challenges, including a negative book value and a weak ability to service its debt, which has contributed to a decline of 44.73% year-to-date and 59.14% over the past year. Despite these issues, there has been a rise in investor participation, with delivery volume increasing by 18.14% against the five-day average, indicating some renewed interest in the stock.
In the broader market context, while the Sensex has gained 1.58% over the past week and 2.21% over the past month, Dish TV's performance has been notably stronger in the short term. However, the stock has significantly underperformed the market over the last year, with a return of -59.14% compared to the Sensex's decline of only -0.73%. This stark contrast suggests that while there may be short-term gains, the long-term outlook remains concerning due to the company's ongoing financial struggles and lack of confidence from domestic mutual funds, which hold no stake in the company.