Why is Fusion Finance falling/rising?

As of 24-Jun, Fusion Finance Ltd's stock price is currently at Rs 205.80, reflecting an increase of Rs 13.8 or 7.19%. The stock has shown a strong performance today, outperforming its sector by 6.27% and achieving a consecutive gain over the last three days with a total return of 9.09%. Additionally, the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive short-term momentum. However, despite this recent uptick, the company faces significant long-term challenges, including a weak Return on Equity (ROE) of 0% and a concerning annual decline in operating profit of -150.04%. The latest financial results show a negative profit after tax of Rs -883.88 crore, further contributing to the stock's overall negative sentiment, as it has underperformed the market with a staggering -53.40% return over the past year.
Broader market context indicates that while Fusion Finance has performed well in the short term, with a 1-week return of +6.72% compared to the Sensex's +0.58%, its long-term performance remains troubling. The stock's year-to-date return of +18.02% contrasts sharply with its -53.40% return over the past year, highlighting a significant disconnect between recent gains and historical performance. This disparity suggests that while there may be short-term trading opportunities, the underlying fundamentals of the company remain weak, which could lead to volatility in the stock's price moving forward.