Why is Informed Techn. falling/rising?

As of 04-Aug, Informed Technologies India Ltd's stock price is currently at Rs 79.60, reflecting an increase of Rs 6.8 or 9.34%. The stock opened with a significant gain of 13.94% today and reached an intraday high of Rs 83, outperforming its sector by 5.77%. However, despite this positive movement, the company has reported operating losses and a weak long-term fundamental strength, indicated by a poor EBIT to Interest ratio of -0.91 and negative return on capital employed (ROCE). The stock has underperformed over the past year, with a return of -13.53%, which is significantly worse than the broader market's decline of -2.34%.
In the short term, the stock has shown a positive return of 1.54% over the past week, while the benchmark Sensex has only increased by 0.16%. Despite the recent uptick in price, the stock's long-term performance remains concerning, with a year-to-date decline of 38.51% compared to a 3.69% gain in the Sensex. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 79.51% against the 5-day average, suggesting a lack of confidence among investors. Overall, while the stock has experienced a short-term rise, the underlying financial challenges and declining investor interest indicate a complex situation for Informed Technologies India Ltd.