Why is ECS Biztech falling/rising?

As of 11-Jun, ECS Biztech Ltd's stock price is currently at 8.55, reflecting an increase of 0.35 or 4.27%. The stock has shown a positive trend recently, outperforming its sector by 5.31% today and achieving a consecutive gain over the last two days with a total return of 6.61%. In the past week, the stock has risen by 2.64%, and over the past month, it has increased by 5.69%. However, despite these short-term gains, the company faces significant challenges, including a negative book value and a high debt-to-equity ratio, which contribute to its weak long-term fundamental strength. The company's net sales growth has been modest at an annual rate of 22.01%, and its operating profit growth at 14.94% over the last five years is insufficient to offset the recent declines in profitability, as evidenced by a 98.9% drop in profits over the past year.
In the broader market context, ECS Biztech's recent performance contrasts with the benchmark Sensex, which has returned 1.87% over the past week and 3.85% over the past month. While ECS Biztech has outperformed the benchmark in the short term, its year-to-date performance remains concerning with a decline of 18.02%, compared to the Sensex's gain of 5.60%. The stock's liquidity appears adequate for trading, but a decrease in delivery volume indicates falling investor participation, which could signal caution among investors. Overall, while the stock is experiencing a short-term rise, the underlying financial weaknesses and poor long-term growth prospects suggest a precarious position moving forward.