Why is Nihar Info Glob. falling/rising?

As of 01-Jul, Nihar Info Global Ltd's stock price is currently at 5.39, reflecting an increase of 0.07 or 1.32%. Today's price summary indicates that the stock has outperformed its sector by 1.82% and has experienced a trend reversal after two consecutive days of decline. However, despite this short-term gain, the stock has shown a negative return of 2.00% over the past week and a significant decline of 13.76% year-to-date. The company is facing challenges, including operating losses and a weak long-term fundamental strength, as evidenced by a staggering annual growth rate of -262.79% in operating profit over the last five years. Additionally, the stock's risk is heightened by negative EBITDA and a high percentage of pledged promoter shares, which can exert downward pressure in a falling market.
Broader market context shows that while Nihar Info Global Ltd has gained 4.86% over the past month, it has consistently underperformed against the benchmark, with a 3-year return of -37.97% compared to the Sensex's 58.19%. The stock's recent performance, despite a slight uptick, is overshadowed by its long-term struggles and the broader market's positive trajectory. The Sensex has increased by 2.00% over the past week and 7.11% year-to-date, indicating a robust market environment that contrasts sharply with Nihar Info Global's ongoing challenges.