Why is SAB Events falling/rising?

As of 24-Sep, SAB Events & Governance Now Media Ltd is currently priced at 7.15, showing no change (0.00%). The stock has outperformed its sector today by 0.97%, and it has shown a significant increase of 14.95% over the past week and 23.70% over the past month. However, the company has a negative book value and weak long-term fundamental strength, with net sales growing at only 3.18% annually over the last five years. Additionally, the stock is considered risky due to a negative EBITDA and a high debt-to-EBITDA ratio of -1.00 times. The fact that 68.94% of promoter shares are pledged adds further downward pressure in a falling market, contributing to the stock's underperformance over the past year, where it has declined by 33.05%.
In the broader market context, while the Sensex has shown a slight gain of 0.50% over the past month, SAB Events has significantly outperformed this benchmark with a 23.70% increase. However, the stock's year-to-date performance remains concerning, with a decline of 59.76% compared to the Sensex's positive return of 4.58%. The rising investor participation, indicated by a 114.66% increase in delivery volume, suggests some positive sentiment, but the overall weak fundamentals and high risk factors continue to overshadow this short-term performance.