Why is ECS Biztech falling/rising?

As of 26-Jun, ECS Biztech Ltd's stock price is currently at 8.29, reflecting an increase of 0.35 or 4.41%. The stock has shown positive momentum recently, having outperformed its sector by 5.43% today and achieving consecutive gains over the last two days, resulting in a total return of 6.28% during this period. However, despite this short-term rise, the company faces significant challenges, including a negative book value and weak long-term fundamental strength, which have contributed to a substantial decline of 30.39% over the past year. The company's financials indicate poor growth, with net sales increasing at an annual rate of only 22.01% and operating profit at 14.94% over the last five years, alongside a high debt-to-equity ratio.
In the broader market context, ECS Biztech's recent performance contrasts with the benchmark Sensex, which has returned 2.94% over the past week and 1.92% over the past month. While ECS Biztech has outperformed the benchmark in the short term, its long-term performance remains concerning, as it has underperformed the BSE 500 over the last three years, one year, and three months. The stock's liquidity appears adequate for trading, but the overall risk associated with its negative book value and declining profits suggests that investors should approach with caution despite the recent uptick in price.