Why is ECS Biztech falling/rising?

As of 08-Jul, ECS Biztech Ltd is experiencing a price increase, currently at 8.74, which reflects a rise of 0.66 or 8.17%. The stock has shown strong performance today, outperforming its sector by 8.9%. Additionally, it has higher moving averages over the short term (5-day, 20-day, and 50-day) but remains below the longer-term averages (100-day and 200-day). Notably, there has been a significant increase in investor participation, with delivery volume rising by 394.07% compared to the 5-day average. However, the company faces challenges, including a negative book value and high debt levels, which contribute to its weak long-term fundamental strength. Despite a 12.63% increase over the past week, the stock has a troubling history, with a 28.30% decline over the past year.
In the broader market context, ECS Biztech's short-term return of 12.63% over the past week significantly outpaces the Sensex, which has only increased by 0.02% during the same period. This indicates that while the stock is currently gaining traction, it has underperformed against the benchmark over the longer term, with a year-to-date decline of 16.20% compared to the Sensex's gain of 7.13%. The stock's recent rise may be attributed to short-term trading dynamics and increased investor interest, but the underlying financial weaknesses and historical performance suggest caution for long-term investors.