Why is Olympic Oil Ind. falling/rising?

As of 24-Jul, Olympic Oil Industries Ltd is experiencing a price increase, currently at Rs 30.17, reflecting a rise of 1.02 or 3.5%. Today's performance indicates that the stock has outperformed its sector by 5.68%, opening with a gain of 2.92% and reaching an intraday high of Rs 30.17. However, the stock has shown erratic trading patterns, not trading on one day out of the last 20 days, and has been trading below its moving averages across various time frames. Additionally, the stock has a negative book value and a high debt-to-equity ratio, indicating weak long-term fundamentals, which could be contributing to its overall poor performance, including a significant decline of 39.04% over the past year.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has underperformed the Sensex over the past week and month, with returns of -0.30% and -30.91%, respectively, while the Sensex has shown minimal changes. Despite today's rise, the stock's long-term outlook remains concerning due to negative EBITDA and flat results in recent financial periods, suggesting that while there may be short-term gains, the overall trend indicates a challenging environment for Olympic Oil Industries Ltd.