Why is SAB Events falling/rising?

As of 26-Jun, SAB Events & Governance Now Media Ltd's stock price is currently at 6.37, reflecting an increase of 0.31 or 5.12%. The stock has outperformed its sector today by 4.98%, and its performance over the past week shows a gain of 6.52%. However, despite this recent uptick, the stock has a negative long-term outlook, characterized by a weak fundamental strength due to a negative book value and a high Debt to EBITDA ratio. Additionally, the company has experienced poor net sales growth over the last five years, and a significant portion of promoter shares are pledged, which could exert downward pressure on the stock in a declining market.
In the broader market context, SAB Events has outperformed the Sensex over the past week, which increased by 2.94%, indicating a short-term positive sentiment. However, the stock has significantly underperformed over the past year, with a return of -36.93% compared to the market's gain of 4.11%. This stark contrast highlights the challenges the company faces, including a negative EBITDA and a lack of liquidity, as evidenced by a decrease in delivery volume. While the stock's recent performance shows a positive movement, the underlying fundamentals suggest a cautious outlook for investors.