Why is Starcom Info. falling/rising?

As of 31-Jul, Starcom Information Technology Ltd's stock price is currently at 71.30, showing no change (0.00%). The stock has outperformed its sector by 0.6% today, although it is trading lower than its 100-day and 200-day moving averages. Over the past week, the stock has increased by 8.21%, while it has seen a significant rise of 30.83% over the past month. However, the stock has a negative book value and a weak long-term fundamental strength, with net sales declining at an annual rate of 25.97% and a debt-to-equity ratio averaging 0 times. Additionally, promoter confidence appears to be waning, as they have reduced their stake by 9.21% in the last quarter, which may indicate concerns about the company's future.
Broader market context shows that while Starcom's stock has performed well in the short term, the benchmark Sensex has declined by 1.22% over the past week and 3.00% over the past month. This suggests that the stock's recent gains are notable against a backdrop of broader market weakness. Despite the positive short-term performance, the long-term outlook remains concerning due to poor growth metrics and high debt levels, which could affect investor sentiment moving forward.