Why is R S Software (I) falling/rising?

As of 11-Jul, R S Software (India) Ltd is experiencing a price increase, currently at Rs 81.10, reflecting a rise of 1.59 (2.0%). The stock has shown a positive performance today, outperforming its sector by 4.14% and has gained 6.1% over the last three days. Despite this recent uptick, the stock has significantly underperformed over the past year, with a decline of 68.10%. The company faces challenges, including operating losses and a weak ability to service its debt, which have contributed to a negative sentiment among investors. Additionally, institutional investors have reduced their stakes, indicating a lack of confidence in the company’s fundamentals.
In the broader market context, the stock's short-term return of 2.66% over the past week contrasts sharply with the Sensex, which has declined by 1.12%. This suggests that while R S Software is currently gaining, it has struggled significantly over the longer term, as evidenced by its year-to-date performance of -59.60% compared to the Sensex's positive return of 5.58%. The overall IT sector has also faced headwinds, with a decline of 2.19%, further complicating the stock's recovery prospects despite its recent gains.