Why is P.M. Telelinnks falling/rising?

As of 30-Jul, P.M. Telelinnks Ltd's stock price is currently at Rs 6.90, reflecting an increase of 0.06 or 0.88%. The stock has shown a strong performance recently, gaining 5.83% over the last two days and is trading above all its moving averages. Additionally, it is close to its 52-week high, being only 4.93% away from Rs 7.24. Despite this positive movement, the company faces challenges such as operating losses and a weak long-term fundamental strength, indicated by a poor EBIT to Interest ratio of 0.20 and a low Return on Equity of 5.28%. These factors suggest that while the stock has performed well in the short term, its underlying financial health remains a concern.
In the broader market context, P.M. Telelinnks has outperformed the benchmark Sensex, which has seen a decline of 1.50% over the past week, while the stock itself has only decreased by 0.14%. Over the past month, P.M. Telelinnks has achieved a remarkable return of 16.95%, contrasting sharply with the Sensex's drop of 2.54%. However, the stock's liquidity is decreasing, as evidenced by a 30.25% drop in delivery volume compared to the 5-day average, which could indicate waning investor interest. Overall, while the stock has shown impressive short-term gains, its long-term viability is questioned due to fundamental weaknesses.