Why is Objectone Inform falling/rising?

As of 18-Aug, Objectone Information Systems Ltd is currently priced at 9.25, with no change in price (0.00%). The stock has shown a performance today that outperformed its sector by 0.45%. However, it is important to note that the stock is higher than its 5-day moving averages but lower than its 20-day, 50-day, 100-day, and 200-day moving averages. The stock has had a mixed performance over different periods, with a 1-week return of +2.78%, but a significant decline of -13.47% over the past month. Additionally, the company is facing challenges, including operating losses and a weak ability to service its debt, which has contributed to a negative outlook. The latest quarterly results showed a substantial drop in profit after tax and net sales, indicating ongoing financial difficulties.
In the broader market context, the stock's recent short-term performance has outpaced the Sensex, which has only increased by 0.83% over the same week. However, the longer-term picture is concerning, as Objectone has underperformed the benchmark significantly over the past month and year-to-date, with returns of -13.47% and -11.90%, respectively. The company's weak long-term fundamental strength, as evidenced by low profitability and negative operating profits, suggests that while there may be short-term gains, the overall trend remains negative, making it a risky investment compared to its historical valuations.