Why is Orchasp Ltd falling/rising?

As of 13-Aug, Orchasp Ltd's stock price is currently at 3.01, reflecting an increase of 0.11 or 3.79%. The stock has shown a strong performance recently, gaining 12.31% over the last three days and outperforming its sector by 3.65% today. Despite a decline of 4.14% over the past month and a year-to-date drop of 14.97%, the company has reported very positive results, including a significant net profit growth of 134.78% and the highest quarterly net sales at Rs 7.75 crore. However, the stock faces challenges, including weak long-term fundamentals, a negative EBITDA, and a poor EBIT to Interest ratio, which contribute to its classification as a strong sell.
In the broader market context, Orchasp Ltd's recent short-term performance contrasts sharply with the Sensex, which has remained flat at -0.01% over the past week. While the stock has gained 10.26% in the same period, the overall market sentiment appears subdued. The company's liquidity remains adequate for trading, but a significant drop in delivery volume indicates falling investor participation, which could affect future price movements. Overall, while the stock has shown positive short-term gains, the long-term outlook remains uncertain due to fundamental weaknesses.