Why is Popees Cares falling/rising?

As of 04-Jul, Popees Cares Ltd is experiencing a rise in its stock price, currently at Rs 37.96, reflecting an increase of 1.8 or 4.98%. The stock has shown strong performance recently, gaining 32.91% over the last six days and outperforming its sector by 4.16% today. However, despite this short-term gain, the stock has significantly underperformed over the longer term, with a year-to-date decline of 73.53% and a one-year drop of 67.82%. The company faces challenges, including a negative book value and a high debt-to-equity ratio, which contribute to its weak long-term fundamental strength. Additionally, the stock's liquidity is questionable, as delivery volume has fallen sharply, indicating reduced investor participation.
In the broader market context, while Popees Cares has outperformed its sector in the short term, the benchmark Sensex has shown a slight decline of 0.74% over the past week, contrasting with the stock's impressive 26.62% gain in the same period. Despite this recent uptick, the stock has struggled significantly over the past year compared to the broader market, which has generated a return of 4.23%. This underperformance highlights the risks associated with investing in Popees Cares, particularly given its negative EBITDA and poor long-term growth prospects, which may deter investors despite the recent price increase.