Why is SecureKloud Tech falling/rising?

As of 25-Aug, SecureKloud Technologies Ltd is experiencing a price increase, currently at Rs 24.47, which reflects a rise of 1.92 or 8.51%. Today's trading saw the stock outperform its sector by 6.11%, reaching an intraday high of Rs 27.01, marking a significant increase of 19.78%. Despite this positive movement, the stock has shown a negative performance over the past month, down by 3.96%, and has significantly underperformed over the year with a decline of 33.40%. The company faces challenges, including high debt levels and weak long-term fundamentals, as indicated by a negative EBITDA and poor growth in net sales and operating profit over the last five years.
In the broader market context, while SecureKloud Technologies has shown a positive short-term return, the benchmark Sensex has also performed modestly, gaining 0.45% over the past week. However, the stock has consistently underperformed against the benchmark over the last three years, highlighting a trend of declining investor confidence. The recent increase in delivery volume suggests rising investor participation, but the overall financial health of the company remains a concern due to its high debt-to-equity ratio and low profitability, which could impact its long-term viability despite the current price rise.