Why is Span Divergent falling/rising?

As of 23-Jun, Span Divergent Ltd's stock price is currently at Rs 22.75, reflecting an increase of Rs 1.09 or 5.03%. Today's price movement indicates a trend reversal as the stock has gained after three consecutive days of decline. Although the stock has underperformed in the longer term, with a year-to-date decline of 34.68% and a one-year return of -19.33%, it has shown some resilience recently, outperforming its sector by 2.29%. Despite this positive movement, the company faces significant challenges, including a negative book value and weak long-term fundamentals, as evidenced by a decline in net sales and a high debt-to-equity ratio.
In the broader market context, while Span Divergent's stock has seen a short-term gain, its one-week performance shows a decline of 5.13%, contrasting with a slight increase of 0.12% in the Sensex. The stock's recent uptick comes amid rising investor participation, with a notable increase in delivery volume, suggesting some renewed interest. However, the overall negative financial indicators and poor long-term growth prospects continue to pose risks, indicating that while there may be short-term gains, the stock's long-term outlook remains precarious compared to the benchmark's performance.