Why is ECS Biztech falling/rising?

As of 19-Nov, ECS Biztech Ltd is experiencing a rise in its stock price, currently at 10.55, reflecting an increase of 0.29 or 2.83%. The stock has shown strong performance recently, gaining 44.13% over the last eight consecutive days and outperforming its sector by 2.57% today. Additionally, the stock has outperformed the benchmark Sensex significantly over the past week, with a return of 24.70% compared to the Sensex's 0.85%. However, despite these short-term gains, the company has a negative book value and weak long-term fundamentals, with net sales growing only at an annual rate of 8.91% and operating profit stagnant at 0% over the last five years. The high debt levels, indicated by a debt-to-equity ratio of 0, further contribute to the stock's risk profile.
In the broader market context, while ECS Biztech has shown impressive short-term returns, it has underperformed the market over the last year, generating a negative return of -9.75% compared to the BSE500's positive return of 8.18%. This disparity highlights the stock's volatility and the potential risks associated with its current valuation. The recent surge in investor participation, evidenced by a significant increase in delivery volume, suggests a growing interest in the stock, but the underlying financial weaknesses may temper long-term investor confidence.