Why is One Mobikwik falling/rising?

As of 02-Sep, One Mobikwik Systems Ltd's stock price is currently at Rs 281.45, reflecting an increase of Rs 44.2 or 18.63%. The stock has shown strong performance recently, with a 24.89% gain over the past week and a 20.10% increase over the past month. Today's trading has been particularly notable, as the stock outperformed its sector by 18.76% and has gained 27.47% over the last two days. Additionally, there has been a significant rise in investor participation, with institutional investors increasing their stake by 3.37% in the previous quarter, indicating growing confidence despite the company's ongoing operating losses and negative financial results in recent quarters.
In the broader market context, while One Mobikwik's stock has risen sharply in the short term, the benchmark Sensex has experienced a slight decline of 0.78% over the past week and 0.55% over the past month. This contrast highlights the stock's strong performance relative to the overall market. However, it is important to note that the company has faced challenges, including a weak long-term fundamental strength and negative results for the last three consecutive quarters, which may temper future investor sentiment despite the current upward movement.