Why is Purshottam Inves falling/rising?

As of 15-Jul, Purshottam Investofin Ltd's stock price is currently at Rs 43.79, reflecting an increase of Rs 2.08 or 4.99%. Today's price summary indicates that the stock outperformed its sector by 4.18%, despite opening with a loss of 4.1% earlier in the day. The stock has shown a wide trading range, touching a low of Rs 39.63 and a high of Rs 43.79. Over the past week, the stock has gained 5.82%, while its performance over the past year shows a return of 5.67%. However, the company has faced significant challenges, including operating losses and negative results for the last three consecutive quarters, which have contributed to a weak long-term fundamental strength. Despite a recent increase in institutional investor participation, the company's declining net sales and profits, along with a negative return on equity, suggest underlying weaknesses that may temper the stock's upward movement.
In the broader market context, Purshottam Investofin Ltd's recent short-term performance has outpaced the Sensex, which has declined by 1.36% over the past week. While the stock has shown resilience in the face of broader market challenges, the significant drop in delivery volume and the erratic trading pattern may indicate a lack of sustained investor confidence. The stock's performance over the year, while positive, is overshadowed by the company's fundamental issues, suggesting that the recent price increase may not be fully supported by underlying financial health.