Why is Semac Consul falling/rising?

As of 10-Jun, Semac Consultants Ltd is experiencing a rise in its stock price, currently at Rs 415.10, reflecting an increase of Rs 16.3 or 4.09%. The stock has shown strong performance today, outperforming its sector by 3.93% and achieving a consecutive gain over the last two days with a total return of 9.14%. Additionally, the stock opened with a gap up of 4.81% and reached an intraday high of Rs 418. Despite these positive movements, the stock's delivery volume has significantly decreased by 93.05% compared to the 5-day average, indicating falling investor participation. While the company reported positive results for March 25, including the highest cash and cash equivalents and net sales, it also faces challenges such as operating losses and a weak ability to service its debt, which may impact long-term investor sentiment.
In the broader market context, Semac Consultants Ltd has outperformed the benchmark Sensex in the short term, with a 1-week return of 14.59% compared to the Sensex's 2.05%. However, over the longer term, the stock has underperformed, with a 1-year return of -35.28% against the Sensex's 7.72%. This stark contrast highlights the stock's volatility and the challenges it faces despite recent gains. The technical trend has improved from a mildly bearish stance, but the overall weak long-term fundamentals and negative EBITDA suggest that while there may be short-term gains, the stock remains risky for investors looking for stability.