Why is HB Stockholdings falling/rising?

As of 27-Jun, HB Stockholdings Ltd is currently priced at 112.01, reflecting an increase of 1.9 or 1.73%. The stock has shown strong performance recently, with a notable rise of 22.78% over the last two days and a weekly return of 17.28%. It has outperformed its sector by 1.64% today, reaching an intraday high of Rs 118.96. However, despite this positive short-term movement, the company faces significant challenges, including operating losses and negative results for the last three consecutive quarters, which have raised concerns about its long-term fundamental strength. The stock is considered risky due to negative EBITDA and a substantial decline in profits over the past year, which could weigh on investor sentiment.
In the broader market context, while HB Stockholdings has outperformed the Sensex in the short term, with a 1W return of 17.28% compared to the Sensex's 2.00%, the company's year-to-date performance shows a slight decline of 0.08%, contrasting with the Sensex's gain of 7.58%. This divergence highlights the stock's volatility and the potential impact of its weak financial fundamentals on investor confidence. Despite the recent gains, the underlying financial issues may lead to caution among investors, affecting the stock's future performance.