Why is NB Footwear falling/rising?

As of 09-Jul, NB Footwear Ltd. has seen its stock price rise to 11.59, reflecting an increase of 0.34 or 3.02%. The stock has outperformed its sector today by 2.28% and has experienced consecutive gains over the last two days, accumulating a total return of 8.12% during this period. However, despite this short-term positive movement, the stock has a negative long-term outlook due to a weak fundamental strength, indicated by a negative book value and high debt levels. Additionally, while the stock has generated a significant return of 74.02% over the past year, its profits have not kept pace, falling by 0%, which raises concerns about sustainability.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has gained 7.91% over the past week compared to a mere 0.15% increase in the Sensex. However, the stock's year-to-date performance shows a decline of 28.63%, while the benchmark has risen by 6.91%. This divergence highlights the stock's volatility and the challenges it faces despite recent gains. The falling investor participation, evidenced by a significant drop in delivery volume, further complicates its outlook, suggesting that while short-term movements may be positive, the long-term fundamentals remain concerning.