Why is Olympic Oil Ind. falling/rising?

As of 08-Jul, Olympic Oil Industries Ltd is currently priced at 30.69, reflecting an increase of 0.23 or 0.76%. The stock has recently shown signs of recovery, gaining after nine consecutive days of decline, and has outperformed its sector by 1.45% today. However, it remains close to its 52-week low, just 3.19% above the low of Rs 29.71. Despite this slight uptick, the stock has experienced significant declines over various periods, including a 30.25% drop over the past month and a staggering 43.24% decrease over the last year. The company is facing challenges, including a negative book value and high debt levels, which contribute to its weak long-term fundamental strength and risky trading status.
In the broader market context, the stock's performance has been notably poor compared to the benchmark, with a 1-week return of -17.05% against a flat Sensex return of +0.02%. This underperformance extends to longer time frames, where the stock has lagged behind the BSE500 over the last three years, one year, and three months. While there has been a notable increase in investor participation, as evidenced by an 811.94% rise in delivery volume compared to the 5-day average, the overall sentiment remains cautious due to the company's financial instability and negative EBITDA, indicating that the stock is still viewed as a strong sell despite today's minor recovery.