Why is Hemo Organic falling/rising?

As of 26-Sep, Hemo Organic Ltd's stock price is currently at 10.60, reflecting an increase of 0.67 or 6.75%. The stock has been on an upward trend, gaining 17% over the last two days and outperforming its sector by 8.84% today. Additionally, it has shown strong performance over the past week and month, with returns of 14.47% and 15.22%, respectively. However, the company faces challenges such as a negative book value and a high debt-to-equity ratio, which contribute to its weak long-term fundamental strength. Despite these concerns, the recent rise in investor participation, indicated by a significant increase in delivery volume, suggests a growing interest in the stock.
In the broader market context, Hemo Organic's short-term performance stands in stark contrast to the Sensex, which has declined by 2.66% over the past week and 0.45% over the past month. While the stock has shown positive returns in the short term, it has underperformed on a year-to-date basis with a decline of 14.93%, compared to the Sensex's gain of 2.93%. This divergence highlights the stock's recent strength amidst broader market challenges, although its long-term outlook remains uncertain due to fundamental weaknesses.