Why is GEE falling/rising?

As of 20-Aug, GEE Ltd's stock price is currently at 149.90, reflecting an increase of 1.4, or 0.94%. The stock has been on an upward trend, gaining for the last four days and achieving a return of 3.74% over the past week. It has outperformed its sector by 1.13% today. Despite a decline of 7.47% over the past month, GEE Ltd has shown strong long-term performance, with a 28.56% increase over the last year and an impressive 82.92% rise over the last three years. However, concerns remain regarding the company's weak long-term fundamental strength, highlighted by a significant negative growth in operating profits and a low return on equity, which may temper investor enthusiasm.
In the broader market context, GEE Ltd's recent performance has outpaced the Sensex, which has only increased by 1.64% over the past week. The stock's ability to generate returns that exceed the benchmark in both the short and long term suggests a favorable market perception, despite the underlying risks associated with its profitability and recent flat sales results. The rising investor participation, indicated by a notable increase in delivery volume, further supports the stock's upward movement, although the negative EBITDA and historical valuation concerns could pose risks moving forward.