Why is Sparc Electrex falling/rising?

As of 07-Jul, Sparc Electrex Ltd is currently priced at 8.02, with no change in price (0.00%). The stock has shown a strong performance in the short term, with a 17.42% increase over the past week, outperforming the Sensex, which has declined by 0.20%. Additionally, the stock has outperformed its sector by 0.48% today, and there has been a notable increase in investor participation, with delivery volume rising by 68.04% compared to the 5-day average. However, the company faces significant challenges, including operating losses and a high Debt to EBITDA ratio of -1.00 times, indicating a weak ability to service debt. The stock has generated a return of -59.49% over the past year, reflecting poor long-term fundamental strength and profitability.
In the broader market context, while Sparc Electrex has performed well in the short term, its year-to-date performance is concerning, with a decline of 43.52% compared to a 6.79% increase in the Sensex. The stock's long-term performance is also troubling, having underperformed the BSE500 over the past three years, one year, and three months. This underperformance, combined with negative financial indicators such as the lowest ROCE and PBDIT, suggests that despite recent short-term gains, the stock's overall outlook remains weak, contributing to its classification as a strong sell.