Why is S T C falling/rising?

As of 16-Sep, State Trading Corporation of India Ltd's stock price is currently at 123.80, reflecting an increase of 3.15 (2.61%). The stock has been gaining momentum, having outperformed its sector by 2.86% today and achieving a consecutive gain over the last three days, with a total return of 4.38% during this period. It opened with a gain of 3.07% and reached an intraday high of Rs 125.5. However, despite these short-term gains, the company faces significant challenges, including a negative book value, high debt levels, and a history of poor long-term growth, which may deter investors. The stock's performance over the past year has been notably poor, with a decline of 34.04%, indicating underlying weaknesses that could affect its future trajectory.
In the broader market context, the stock's short-term return of 4.03% over the past week has outperformed the Sensex, which rose by 1.58% during the same period. However, the long-term outlook remains concerning, as the stock has underperformed the benchmark over the last year and three years. This disparity suggests that while there may be short-term trading opportunities, the overall sentiment towards the stock is clouded by its fundamental weaknesses and lack of confidence from domestic mutual funds, which hold no stake in the company.