Why is Quantum Digital falling/rising?

As of 21-Aug, Quantum Digital Vision India Ltd is experiencing a price increase, currently at 19.48, reflecting a rise of 0.92 or 4.96%. Today's performance indicates a trend reversal as the stock has gained after 13 consecutive days of decline. However, it is important to note that the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 73.04% compared to the 5-day average. Over the past week, the stock has underperformed, showing a return of -18.83%, while the Sensex has gained 1.74%. The company faces challenges, including a negative book value and weak long-term growth, with net sales growing at only 1.50% annually over the last five years.
Broader Market Context: In the last year, Quantum Digital has underperformed the market significantly, with a return of -33.08% compared to the BSE500's decline of only -1.56%. This stark contrast highlights the stock's struggles amidst a generally unfavorable environment. Despite today's uptick, the broader context reveals a company burdened by high debt and negative EBITDA, which raises concerns about its long-term viability. The majority of shareholders being non-institutional may also contribute to the stock's volatility and lack of confidence among investors. Overall, while there is a short-term rise in price, the underlying fundamentals suggest continued challenges ahead for Quantum Digital.