Why is Odigma Consultan falling/rising?

As of 03-Sep, Odigma Consultancy Solutions Ltd is experiencing a price increase, currently at Rs 31.89, reflecting a rise of 1.53 or 5.04%. The stock has shown a strong performance today, outperforming its sector by 4.9% and achieving a consecutive gain over the last two days with a total return of 5.25%. Additionally, the stock's performance over the past week has been positive, with a return of 5.95%, while it has faced a decline of 9.27% over the past month. Despite these short-term gains, the company faces significant challenges, including operating losses and weak long-term fundamental strength, as indicated by a poor EBIT to Interest ratio and a low return on equity of 0.7. The company's net sales have also fallen sharply, which raises concerns about its financial health.
In the broader market context, while Odigma's recent short-term performance has been favorable, it contrasts sharply with its year-to-date performance, which shows a decline of 53.59%, while the benchmark Sensex has gained 3.11% during the same period. The stock's recent gains may be attributed to rising investor participation, as evidenced by a significant increase in delivery volume. However, the overall market sentiment remains cautious due to the company's weak financial indicators and the fact that it has underperformed the benchmark over longer periods, including a 1-month decline of 9.27% compared to a negligible drop of 0.04% in the Sensex.