Why is Kiduja India falling/rising?

As of 07-Jul, Kiduja India Ltd's stock price is currently at Rs 26.40, reflecting an increase of Rs 1.18 or 4.68%. The stock has shown strong performance recently, gaining 32.66% over the past seven days and outperforming its sector by 4.68% today. It opened with a gain of 4.6% and reached an intraday high of Rs 26.42. However, despite this recent uptick, the company faces significant challenges, including a negative book value and weak long-term fundamentals, as evidenced by a drastic decline in net sales and operating profit. The stock has underperformed the market over the past year, with a staggering return of -89.66%, indicating ongoing financial distress.
In the broader market context, Kiduja India Ltd's short-term performance contrasts sharply with the benchmark Sensex, which has seen a slight decline of 0.20% over the past week. While Kiduja has surged by 25.65% in the same period, the overall market sentiment remains cautious, particularly given the company's poor long-term growth prospects and negative EBITDA. The falling investor participation, as indicated by a significant drop in delivery volume, further complicates the outlook, suggesting that while the stock may be experiencing a temporary rise, underlying financial issues could hinder sustained growth.