Why is Shriram AMC falling/rising?

As of 28-Jul, Shriram Asset Management Co Ltd's stock price is currently at 493.35, reflecting an increase of 5.05 or 1.03%. Today's price summary indicates that the stock has outperformed its sector by 2.4% and has experienced a trend reversal after three consecutive days of decline. However, the stock's performance over the past week shows a decrease of 3.80%, and it has dropped 17.32% over the past month. The company is facing significant challenges, including operating losses and a weak long-term fundamental strength, as evidenced by an annual decline in operating profit of -229.24%. Additionally, the stock has a negative EBITDA and has seen a substantial drop in profits by 140.7% over the past year, which raises concerns about its valuation and investor confidence, as reflected by the negligible domestic mutual fund ownership.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has declined by only 1.59% over the past week and 3.77% over the past month. This indicates that while Shriram AMC is experiencing a short-term rebound, its overall performance remains weaker compared to the market. The falling investor participation, with a significant drop in delivery volume, further suggests that market sentiment towards the stock is cautious. Despite the recent uptick in price, the underlying fundamentals and investor behavior indicate a challenging environment for Shriram AMC, contributing to its volatility in the market.