Why is Media Matrix falling/rising?

As of 09-Jul, Media Matrix Worldwide Ltd's stock price is currently at 14.88, reflecting an increase of 0.29 or 1.99%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 3.98% during this period. Additionally, it has outperformed its sector by 3.33%. However, the stock's performance over the past week and month has been negative, with declines of 2.04% and 4.31%, respectively. Despite a low Debt to Equity ratio indicating financial stability, the company has faced challenges, including a significant drop in net sales and profits, which may contribute to investor caution.
In the broader market context, the stock has underperformed compared to the Sensex, which has seen a slight increase of 0.15% over the past week. Over the last year, while the Sensex has generated returns of 3.96%, Media Matrix has experienced a decline of 16.87%. This underperformance, coupled with the lack of investment from domestic mutual funds, suggests a lack of confidence in the company's future prospects. Despite the recent gains, the overall trend indicates that the stock is struggling to attract sustained investor interest amidst its financial challenges.