Why is Spandana Sphoort falling/rising?

As of 15-Jul, Spandana Sphoorty Financial Ltd's stock price is currently at Rs 318.70, reflecting an increase of Rs 22.7 or 7.67%. The stock has shown a strong performance recently, gaining 14.23% over the last three days and outperforming its sector by 6.86% today. It reached an intraday high of Rs 321.85, indicating positive momentum. However, despite these short-term gains, the company has faced significant challenges, including a negative operating profit growth rate of -185.54% and four consecutive quarters of negative results. This has led to a substantial underperformance over the past year, with a decline of -56.50%, which raises concerns about its long-term viability.
In the broader market context, while the stock has outperformed the Sensex in the short term, with a weekly return of +15.35% compared to the benchmark's -1.36%, it has still lagged behind in the longer term. The stock's year-to-date performance shows a decline of -3.39%, while the Sensex has gained +5.67%. This stark contrast highlights the stock's struggles despite recent positive movements. The high institutional holdings at 26.28% suggest that knowledgeable investors are involved, yet the overall negative sentiment due to poor financial results and risky trading conditions may overshadow these short-term gains.