Why is Medi Caps falling/rising?

As of 19-Sep, Medi Caps Ltd is experiencing a price increase, currently at 39.75, reflecting a rise of 0.85 or 2.19%. The stock has shown a positive performance today, outperforming its sector by 1.92% and has gained consecutively over the last two days, accumulating a total return of 3.79% during this period. However, despite this recent uptick, the stock has underperformed significantly over the longer term, with a year-to-date decline of 18.46% and a one-year return of -22.97%. The company faces challenges such as operating losses, a weak ability to service debt, and negative EBITDA, which contribute to its overall weak long-term fundamental strength.
In the broader market context, the Sensex has shown a positive return of 5.74% year-to-date, contrasting sharply with Medi Caps' performance. Over the past week, while the stock has decreased by 0.60%, the benchmark has increased by 0.88%. This consistent underperformance against the benchmark over the last three years highlights the stock's struggles, as it has not only generated negative returns but has also seen a significant decline in profitability, with a return on equity of just 2.03%. The falling investor participation, indicated by a 42.09% drop in delivery volume, further suggests a lack of confidence in the stock, despite its recent gains.