Why is Niyogin Fintech falling/rising?

As of 02-Jul, Niyogin Fintech Ltd's stock price is currently at 59.34, reflecting an increase of 0.3 or 0.51%. The stock has outperformed its sector today by 1.74% and has shown consecutive gains over the last two days, rising by 0.82% during this period. Despite this positive short-term performance, the stock has had a mixed performance over longer periods, with a 1-week return of -0.27% and a year-to-date decline of -17.96%. The company has reported positive results for the last three consecutive quarters, with net sales growing significantly, although it still faces challenges such as negative EBITDA and weak long-term fundamental strength, indicated by an average return on equity of 0%.
In the broader market context, the Sensex has increased by 0.79% over the past week, while Niyogin Fintech has underperformed with a decline of -0.27%. Over the past month, however, the stock has outperformed the benchmark with a return of +16.35% compared to the Sensex's +2.50%. Despite high institutional holdings which may provide some stability, the stock has underperformed the market over the last year, generating negative returns of -13.93% against the BSE500's positive return of 3.11%. This combination of short-term gains and long-term challenges contributes to the stock's current upward movement, albeit within a context of overall underperformance relative to the market.