Why is Indergiri Fin. falling/rising?

As of 24-Jun, Indergiri Finance Ltd's stock price is currently at 28.05, reflecting an increase of 0.38 or 1.37%. The stock has been on a positive trajectory, gaining for the last 14 days and achieving a remarkable 90.56% return during this period. Additionally, it has outperformed its sector by 0.45% today. However, despite these short-term gains, the company has not declared results in the last six months, indicating weak long-term fundamental strength. This is compounded by a significant decline in operating profit at an annual rate of -10.32% and a concerning drop in cash and cash equivalents, which are at their lowest. Over the past year, the stock has underperformed the market, generating a return of -40.61%, while profits have decreased by -59%.
In the broader market context, the stock's performance over the past week shows a substantial return of +23.08%, significantly outperforming the Sensex, which only increased by +0.58%. Similarly, over the past month, Indergiri Finance Ltd has achieved a return of +44.22%, again surpassing the Sensex's +0.41%. However, the stock's long-term performance remains a concern, as it has underperformed the market over the last year. The falling investor participation, indicated by a 12.93% decline in delivery volume against the five-day average, suggests that while the stock is currently rising, there are underlying risks that may affect its sustainability in the longer term.