Why is Inter Globe Fin falling/rising?

As of 16-Jul, Inter Globe Finance Ltd is experiencing a price increase, currently at 77.99, reflecting a change of 5.76 or 7.97%. Today's price summary indicates that the stock opened lower, down 3.09%, but reached an intraday high of Rs 78.38, showcasing a significant recovery. Despite this, the stock has shown high volatility with an intraday range of Rs 8.73 and a weighted average price closer to its low. Over the past week, the stock has outperformed its sector by 8.2%, and in the last month, it has gained 33.54%. However, the company faces challenges, including operating losses and a negative EBITDA, which have contributed to a weak long-term fundamental strength, as evidenced by a dramatic decline in operating profit and net sales.
Broader market context reveals that while Inter Globe Finance has shown a strong short-term performance, it has significantly underperformed the broader market over the past year, with a return of -16.00% compared to the BSE500's gain of 0.47%. This underperformance is compounded by a drastic drop in investor participation, with delivery volume falling by 93.6% against the five-day average. The stock's current price movement, despite the recent rise, is overshadowed by its long-term struggles and negative financial indicators, which suggest a risky investment environment.