Why is Response Info. falling/rising?

As of 29-Aug, Response Informatics Ltd's stock price is currently at Rs 23.50, reflecting an increase of Rs 1.0 or 4.44%. Today, the stock has shown a trend reversal by gaining after three consecutive days of decline, despite opening down by 9.96%. It reached an intraday high of Rs 23.9, indicating some recovery within a wide trading range of Rs 3.64. However, the stock has underperformed significantly over the past week and month, with returns of -9.58% and -30.90%, respectively. The company has a very attractive valuation with a return on equity of 13.6 and a price to book value of 1.2, suggesting it is trading at a discount compared to its peers. Nevertheless, the company is facing operational losses and has a weak long-term fundamental strength, which has contributed to its substantial decline of -67.80% over the past year.
In the broader market context, while Response Informatics has outperformed its sector today, it has significantly lagged behind the benchmark Sensex, which has shown a decline of only 1.84% over the past week. The stock's long-term performance has also been poor, underperforming the BSE500 over the last three years, one year, and three months. The company's ability to service its debt is weak, as indicated by a poor EBIT to interest ratio, and it reported its lowest net sales and profitability figures in recent quarters. This combination of high volatility, operational challenges, and poor long-term performance continues to weigh heavily on investor sentiment, despite today's positive movement.