Why is ECS Biztech falling/rising?

As of 28-Aug, ECS Biztech Ltd's stock price is currently at 8.20, reflecting an increase of 0.07 or 0.86%. The stock has shown a trend reversal, gaining after three consecutive days of decline, and has outperformed its sector by 1.35% today. However, despite this short-term uptick, the stock has significantly underperformed over the past week and month, with returns of -14.23% and -3.64%, respectively. The company has a negative book value and weak long-term fundamental strength, as evidenced by stagnant net sales growth and a debt-to-equity ratio of 0, indicating high leverage. Additionally, the stock's performance over the past year has been poor, with a return of -52.30%, which is substantially worse than the broader market's decline of -5.01%.
In the broader market context, ECS Biztech's recent price movement contrasts with the overall market performance, as the Sensex has only fallen by 2.34% over the past week. The stock's liquidity appears adequate, with a notable increase in delivery volume, suggesting rising investor participation. However, the company's long-term outlook remains concerning due to its negative book value and flat financial results, which may continue to weigh on investor sentiment despite the recent price increase. Overall, while there is a slight upward movement in the stock price today, the underlying fundamentals and historical performance indicate significant risks that could lead to further declines in the future.