Why is Starcom Info. falling/rising?

As of 03-Jul, Starcom Information Technology Ltd is currently priced at 54.70, reflecting a slight increase of 0.2 (0.37%). The stock has shown a performance today that outperformed its sector by 0.57%, although it has experienced erratic trading, not having traded on one day out of the last twenty. In terms of returns, the stock has increased by 1.30% over the past week and 4.69% over the past month, but it has significantly underperformed over the year with a decline of 9.26%. The company faces several challenges, including a negative book value, high debt levels, and a weak long-term growth outlook, as evidenced by a substantial drop in net sales and operating profit over the last five years. Additionally, a reduction in promoter confidence, with a 9.21% decrease in their stake, further indicates concerns about the company's future prospects.
Broader market context shows that while Starcom has seen a positive short-term return, it has consistently underperformed against the benchmark, with a year-to-date decline of 52.43% compared to a 6.53% increase in the Sensex. This consistent underperformance over the last three years, coupled with negative EBITDA and a high debt-to-equity ratio, suggests that the stock's recent rise may not be sustainable in the long term. Despite today's slight uptick, the overall sentiment surrounding the stock remains cautious due to its historical performance and fundamental weaknesses.