Why is Infibeam Avenues falling/rising?

As of 19-Aug, Infibeam Avenues Ltd is experiencing a price increase, currently at 15.86, reflecting a rise of 0.92 or 6.16%. The stock has been gaining momentum, having outperformed its sector by 5.81% today and achieving a consecutive gain over the last two days, with a total return of 7.16% during this period. Additionally, the stock's delivery volume has increased by 20.95% against the 5-day average, indicating rising investor participation. Despite this positive short-term performance, the stock has faced significant challenges over the longer term, with a year-to-date decline of 39.09% and a one-year return of -48.89%. However, the company has shown healthy long-term growth, with net sales growing at an annual rate of 51.61% and operating profit at 35.54%, alongside positive results for the last 16 consecutive quarters.
In the broader market context, Infibeam Avenues' short-term return of 5.03% over the past week significantly outpaces the Sensex's return of 1.76% during the same period. While the stock has demonstrated some positive movement recently, it continues to struggle with long-term performance, having underperformed the BSE500 over the last three years, one year, and three months. The stock's valuation remains attractive, trading at a discount compared to its peers, but the overall negative sentiment from its substantial past losses may still weigh on investor confidence.