Why is Olympic Oil Ind. falling/rising?

As of 05-Sep, Olympic Oil Industries Ltd is experiencing a price increase, currently at Rs 30.50, reflecting a rise of 1.42 or 4.88%. The stock has shown a strong performance today, outperforming its sector by 4.35% and opening with a gain of 4.88%. However, despite this short-term gain, the stock has a negative long-term outlook, with a year-to-date return of -17.79% and a one-year return of -17.81%. The company has a negative book value and weak long-term fundamental strength, indicated by poor growth in net sales and operating profit over the last five years. Additionally, the stock is considered risky due to a negative EBITDA and high debt levels, which may contribute to its erratic trading patterns and declining investor participation.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has only increased by 1.13% over the past week. While Olympic Oil Industries Ltd has shown a notable short-term gain of 9.95% in the last week, its long-term performance remains concerning, as it has underperformed the BSE500 over various periods, including the last three years and one year. This juxtaposition highlights the stock's volatility and the challenges it faces in maintaining investor confidence amidst its fundamental weaknesses.