Why is Siddha Ventures falling/rising?

As of 03-Sep, Siddha Ventures Ltd is currently priced at Rs 6.26, reflecting an increase of 0.06 or 0.97%. The stock has shown a positive trend recently, gaining 3.13% over the last two days, although it remains 3.99% away from its 52-week low of Rs 6.01. Despite this short-term gain, the stock's performance over the past month has been negative, with a decline of 3.69%. The company is facing significant challenges, including operating losses and a negative EBITDA, which have contributed to a substantial drop in profits by 2495% over the past year. Additionally, the stock has underperformed against the BSE500 index over various time frames, indicating weak long-term fundamental strength.
In the broader market context, Siddha Ventures' recent 1-week return of +1.95% contrasts sharply with the Sensex, which has declined by 0.27% during the same period. This suggests that the stock is performing relatively better than the overall market in the short term. However, the stock's long-term performance remains concerning, with a year-to-date decline of 50.16%, while the Sensex has gained 3.11%. The falling investor participation, as evidenced by a 67.1% drop in delivery volume, further complicates the outlook for Siddha Ventures, indicating that while there may be short-term gains, the overall sentiment towards the stock remains negative.