Why is Fusion Finance falling/rising?

As of 29-Aug, Fusion Finance Ltd's stock price is currently at Rs 170.50, reflecting an increase of Rs 1.3 or 0.77%. The stock has shown a positive performance today, outperforming its sector by 1.43% and achieving a consecutive gain over the last two days with a total return of 1.55%. Despite reaching an intraday high of Rs 173.2, the stock's moving averages indicate mixed signals, being higher than the 5-day, 20-day, and 200-day averages but lower than the 50-day and 100-day averages. However, the stock faces significant challenges, including weak long-term fundamentals, as evidenced by a negative return on equity (ROE) of 0% and a concerning decline in operating profit. Additionally, the company has reported negative results for the last three consecutive quarters, with net sales and profit after tax both declining by 28.69%.
In the broader market context, Fusion Finance's short-term return of +2.10% over the past month contrasts sharply with the benchmark Sensex, which has declined by 1.88% in the same period. This suggests that the stock is experiencing a relative strength compared to the market. However, the stock has underperformed significantly over the past year, with a return of -43.50% compared to the Sensex's decline of only -2.83%. The decrease in institutional investor participation, with a reduction of 3.17% in their stake, further highlights the lack of confidence in the stock's long-term prospects. Overall, while there are short-term gains, the long-term outlook remains bleak due to fundamental weaknesses and declining investor interest.