Why is Infronics Sys. falling/rising?

As of 23-Sep, Infronics Systems Ltd's stock price is currently at 28.99, reflecting an increase of 0.62 or 2.19%. Today's price summary indicates that the stock has outperformed its sector by 2.78%, although it is trading higher than its 5-day moving averages but lower than its 20-day, 50-day, 100-day, and 200-day moving averages. Despite this short-term gain, the stock has shown a significant decline over the past year, with a return of -54.35%, and has underperformed against the BSE500 index over the last three years. The company is facing operational challenges, including an operating loss and a weak ability to service its debt, which is compounded by a poor EBIT to Interest ratio of 1.29. Additionally, the stock is considered expensive with a Price to Book Value of 6.9, indicating it is trading at a premium compared to its peers.
In the broader market context, the stock's short-term performance of +1.97% over the past week contrasts sharply with the Sensex, which has declined by 0.34% during the same period. However, the long-term outlook remains bleak, as the stock has generated a return of -41.43% year-to-date, while the Sensex has increased by 5.07%. This disparity highlights the challenges faced by Infronics Systems Ltd, particularly in terms of its financial fundamentals and overall market performance, which may continue to weigh on investor sentiment despite the recent uptick in price.