Why is Fervent Synerg. falling/rising?

As of 24-Jul, Fervent Synergies Ltd's stock price is rising, currently at Rs 27.03, reflecting an increase of 1.3 or 5.05%. The stock has shown a trend reversal, gaining after two consecutive days of decline. It has outperformed its sector by 4.7% today and is trading above all key moving averages, indicating positive momentum. Over the past year, the stock has generated a remarkable return of 79.60%, significantly outperforming the BSE500 index. Additionally, the promoters have increased their stake in the company by 3.04%, which signals strong confidence in its future prospects. However, there are concerns regarding the company's long-term fundamental strength, as indicated by a low average Return on Equity (ROE) of 0.34% and a poor EBIT to Interest ratio of -1.81.
In the broader market context, Fervent Synergies Ltd's short-term performance has been relatively strong, with a 1-week return of -0.30% compared to the Sensex's -0.09%. Despite this recent dip, the stock has shown impressive gains over longer periods, including a 35.83% increase over the past month and a 38.26% rise year-to-date. While the stock's performance has been robust in the long term, the recent decline in investor participation, with delivery volume falling by 77.08% against the 5-day average, raises questions about its sustainability. Overall, the combination of rising promoter confidence and strong historical performance contrasts with the company's weak fundamentals, creating a complex picture for potential investors.