Why is Indian Infotech falling/rising?

As of 25-Jul, Indian Infotech and Software Ltd's stock price is currently at 1.24, reflecting an increase of 0.04 or 3.33%. The stock has shown strong performance recently, gaining 11.71% over the last two days and outperforming its sector by 5.31% today. Additionally, it has outperformed the benchmark with a 22.77% increase over the past week, while the Sensex has declined by 0.36%. However, despite these short-term gains, the company faces significant challenges, including operating losses and a weak long-term fundamental strength, as indicated by a poor EBIT to Interest ratio of -2.91 and a low Return on Equity of 0.21%. The stock's performance has been inconsistent, with a 16.22% decline over the past year and a concerning negative EBITDA, suggesting that the recent uptick may not be sustainable.
In the broader market context, while Indian Infotech has shown positive short-term returns, it has consistently underperformed against the benchmark over the last three years, with a significant 42.49% decline compared to the Sensex's 46.08% increase during the same period. The stock's recent rise occurs amidst a sector-wide decline of 2.03%, indicating that investor sentiment may be temporarily buoyed despite the company's underlying financial difficulties. The increase in delivery volume by 73.12% against the five-day average suggests rising investor participation, yet the overall financial health of the company remains a concern, which could impact future performance.