Why is Impex Ferro Tech falling/rising?

As of 25-Aug, Impex Ferro Tech Ltd's stock price is currently at 2.03, reflecting an increase of 0.04 or 2.01%. The stock has outperformed its sector by 2% today, with a notable rise in investor participation, as evidenced by a 129.33% increase in delivery volume compared to the 5-day average. Despite this positive short-term movement, the stock has shown a significant decline over the longer term, with a year-to-date drop of 30.95% and a staggering 48.99% decrease over the past year. The company's fundamentals appear weak, as it has not declared results in the last six months, and it has reported negative growth in net sales and operating profit over the past five years, which raises concerns about its long-term viability.
In the broader market context, the stock's short-term performance of +6.28% over the past week stands in stark contrast to the Sensex, which has only increased by 0.45%. However, the long-term outlook remains bleak, as the stock has underperformed against the BSE500 over various time frames, including a 61.99% decline over the past three years. The high debt levels and lack of recent financial results contribute to a perception of risk among investors, which may hinder any sustained recovery despite the recent uptick in price.