Why is Indergiri Fin. falling/rising?

As of 24-Sep, Indergiri Finance Ltd's stock price is currently at 25.27, reflecting an increase of 0.49 or 1.98%. The stock has shown a strong performance in the short term, with a consecutive gain over the last four days, resulting in a total return of 7.81% during this period. Additionally, it has outperformed its sector by 2.07%. However, despite these recent gains, the stock has a concerning long-term outlook, characterized by a weak average Return on Equity (ROE) of 0.08% and a significant decline in operating profit at an annual rate of -187.06%. The stock is also trading at a risky valuation, with negative EBITDA and a substantial drop in profits over the past year, which has contributed to a 34.36% decline in returns over the last year.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has gained 5.69% over the past week while the Sensex has declined by 1.18%. This indicates that Indergiri Finance Ltd has been able to attract investor interest despite its long-term challenges. The rising investor participation, evidenced by a 13.62% increase in delivery volume, suggests a growing confidence in the stock's short-term potential, even as it continues to face significant hurdles in terms of fundamental strength and overall performance compared to the broader market.