Why is H T Media falling/rising?

As of 12-Sep, H T Media Ltd's stock price is currently at 26.68, reflecting an increase of 0.09 or 0.34%. The stock has been on an upward trend, gaining for the last three days with a total return of 2.62% during this period. It has outperformed its sector by 0.31% today and is trading above all its moving averages, indicating strong momentum. Additionally, the company has reported positive results for the last three consecutive quarters, with a higher PAT of Rs 27.15 Cr and a low debt-equity ratio of 0.43 times, which supports investor confidence. However, there are concerns regarding the company's long-term fundamentals, as it has experienced operating losses and a weak ability to service its debt, which may temper enthusiasm among some investors.
In the broader market context, H T Media's short-term performance has outpaced the benchmark Sensex, which has returned 1.48% over the past week compared to the stock's 2.22% gain. Despite the stock's positive returns of 8.81% over the past year, the overall market (BSE500) has seen negative returns of -3.45%, highlighting the stock's relative strength. However, the lack of investment from domestic mutual funds, which hold 0% of the company, may indicate caution regarding its valuation or business prospects, suggesting that while the stock is currently rising, there are underlying risks that could affect its long-term performance.