Why is Infronics Sys. falling/rising?

As of 01-Oct, Infronics Systems Ltd is currently priced at 28.99, reflecting an increase of 0.31 or 1.08%. The stock has been gaining for the last two days, with a total return of 5.73% during this period, despite hitting a new 52-week low of Rs. 26.1 earlier today. However, the stock has underperformed significantly over the longer term, with a year-to-date decline of 41.43% and a one-year return of -45.30%. The company is facing operational challenges, including operating losses and a weak ability to service its debt, which is reflected in its poor financial metrics. The stock is considered a strong sell due to its expensive valuation compared to peers and declining profits, which have fallen by 75.9% over the past year.
In the broader market context, the stock has outperformed its sector by 0.33% today, while the benchmark Sensex has declined by 0.90% over the past week. Despite this short-term outperformance, the long-term outlook remains bleak, as Infronics has consistently underperformed the BSE500 over the last three years, one year, and three months. The falling investor participation, indicated by a 67.5% drop in delivery volume, further suggests a lack of confidence among investors, which may contribute to the stock's volatility and overall negative sentiment in the market.