Why is IndiaNivesh falling/rising?

As of 26-Aug, IndiaNivesh Ltd's stock price is currently at 8.20, reflecting an increase of 0.09 or 1.11%. Despite this slight uptick, the stock has shown a significant decline over the past month, with a return of -11.35%, and a staggering -43.45% year-to-date. Today's performance indicates that IndiaNivesh has outperformed its sector by 3.06%, although it is trading below all its moving averages, which suggests a bearish trend. The company has a negative book value and has reported a substantial drop in profits, with a -388.6% change over the past year, contributing to its weak long-term fundamental strength. Additionally, 28.94% of promoter shares are pledged, which can exert further downward pressure on the stock in a declining market.
In the broader market context, IndiaNivesh's short-term return of +0.12% over the past week contrasts with the Sensex, which has fallen by -1.05%. However, the stock's long-term performance remains concerning, as it has consistently underperformed against the benchmark over the last three years, with a -43.45% return compared to a +3.39% return for the Sensex year-to-date. The finance/NBFC sector has also experienced a decline of -2.01%, indicating a challenging environment for stocks in this sector. Overall, while there is a minor uptick in price today, the underlying factors suggest ongoing challenges for IndiaNivesh Ltd.