Why is SagarSoft (India falling/rising?

As of 19-Sep, SagarSoft (India) Ltd is experiencing a rise in its stock price, currently at Rs 137.40, reflecting an increase of Rs 6.35 or 4.85%. Today's price summary indicates that the stock has outperformed its sector by 5.24% and has gained after three consecutive days of decline, reaching an intraday high of Rs 149.75. However, despite this short-term gain, the stock has shown a negative performance over the past month, down 3.92%, and a significant decline of 30.25% year-to-date. The company has reported operating losses and negative results for the last three consecutive quarters, which has contributed to its weak long-term fundamental strength and overall negative sentiment among investors.
In the broader market context, SagarSoft's short-term return of 0.99% over the past week slightly outpaces the benchmark Sensex, which has increased by 0.88%. However, the stock's long-term performance remains concerning, with a decline of 38.55% over the past year, contrasting sharply with the Sensex's marginal decrease of 0.67%. The stock's high volatility and falling investor participation, evidenced by a significant drop in delivery volume, further highlight the risks associated with investing in SagarSoft at this time. Overall, while there is a temporary uptick in price, the underlying fundamentals and market conditions suggest caution.