Why is Indostar Capital falling/rising?

As of 05-Sep, Indostar Capital Finance Ltd's stock price is currently at 264.00, reflecting an increase of 6.05, or 2.35%. Today's performance indicates a positive trend, as the stock has outperformed its sector by 1.86% and has gained after two consecutive days of decline. The stock reached an intraday high of Rs 265.4, which is a 2.89% increase. However, it is important to note that the stock has shown a negative return of -8.09% over the past month and -6.03% over the past year, indicating a weak long-term performance. Institutional investors have increased their stake by 0.52%, which may provide some support, but the company is facing significant challenges, including operating losses and declining net sales.
In the broader market context, the stock's short-term return of +2.56% over the past week outpaces the Sensex's return of +1.13%, suggesting some relative strength in the short term. However, the stock has underperformed the benchmark over longer periods, including a -2.04% return year-to-date compared to the Sensex's +3.29%. The overall market sentiment may be influenced by the company's weak fundamentals, including a low return on equity and significant losses reported in recent quarters, which could dampen investor confidence despite the recent uptick in price.