Why is PS IT Infra falling/rising?

As of 05-Aug, PS IT Infrastructure & Services Ltd is currently priced at 1.20, reflecting an increase of 0.02 or 1.69%. The stock has shown a strong performance recently, gaining 11.11% over the past week and 36.36% over the last month, significantly outperforming the Sensex, which has declined by 0.77% and 3.26% respectively in those periods. However, despite this recent upward trend, the stock has experienced a substantial decline year-to-date, down 62.96%, and an even more significant drop of 85.40% over the past year. The stock has been gaining for five consecutive days, but there is a concerning trend in falling investor participation, with delivery volume dropping by 98.66% compared to the five-day average, indicating potential liquidity issues.
Broader Market Context: In the short term, PS IT Infrastructure & Services Ltd has outperformed the benchmark Sensex, which has seen negative returns, while the stock has posted positive returns over the last week and month. This divergence suggests that the stock's recent gains may be driven by specific factors related to the company rather than broader market trends. Despite the positive short-term performance, the long-term outlook remains challenging, as indicated by the significant declines over the year and five-year periods compared to the Sensex's positive performance in the same timeframe.