Why is ECS Biztech falling/rising?

As of 20-Jun, ECS Biztech Ltd's stock price is currently at 8.18, reflecting an increase of 0.48 or 6.23%. Today's performance indicates that the stock has outperformed its sector by 6.46%. However, despite this short-term gain, the stock has shown a negative trend over the past week and month, with returns of -0.24% and -1.21%, respectively. The stock's long-term performance is concerning, with a year-to-date decline of -21.57% and a one-year return of -22.54%. The company faces significant challenges, including a negative book value and high debt levels, which contribute to its weak long-term fundamental strength. Additionally, the company has reported poor financial results, with a lowest PAT of Rs -0.11 crore and an EPS of Rs -0.05 in the latest quarter.
In the broader market context, ECS Biztech's recent performance contrasts sharply with the benchmark, as the Sensex has gained 1.59% over the past week and 1.50% over the past month. The stock has consistently underperformed against the benchmark over the last three years, further highlighting its struggles. The decline in investor participation, evidenced by a 23.84% drop in delivery volume compared to the five-day average, suggests waning interest among investors. While the stock's liquidity remains adequate for trading, the overall outlook remains risky due to its negative book value and declining profits, which have fallen by 98.9% over the past year.