Why is Indostar Capital falling/rising?

As of 23-Sep, Indostar Capital Finance Ltd's stock price is currently at 270.00, reflecting an increase of 13.15 or 5.12%. Today's performance indicates a trend reversal, as the stock has gained after two consecutive days of decline. It outperformed its sector by 4.79%, reaching an intraday high of Rs 271.8. The stock has shown a modest increase of 1.56% over the past week, while it remains flat over the past month. However, it has experienced a significant decline of 12.72% over the past year. Positive factors contributing to the stock's rise include increased participation from institutional investors, who have raised their stake by 0.52% in the last quarter, indicating confidence in the company's potential despite its operating losses and weak long-term fundamentals.
Broader market context shows that while Indostar Capital has outperformed the Sensex by 1.90% over the past week, the benchmark index has seen a slight decline of 0.34%. The stock's recent performance contrasts with its long-term challenges, including poor growth in net sales and significant operating losses reported in the last quarter. Despite these negative indicators, the rising investor participation and the stock's current liquidity suggest a cautious optimism among traders. However, the overall weak fundamentals and the company's negative profit trajectory may temper long-term investor confidence.