Why is Starcom Info. falling/rising?

As of 01-Sep, Starcom Information Technology Ltd is experiencing a price increase, currently at Rs 78.50, which reflects a rise of 3.21 or 4.26%. The stock has shown a strong performance today, outperforming its sector by 2.99% and achieving a consecutive gain over the last three days with a total return of 6.4%. Despite this positive short-term movement, the stock has a negative long-term outlook, characterized by a weak fundamental strength due to a negative book value and poor growth in net sales. Additionally, the company has a high debt-to-equity ratio and has seen a decline in institutional investor participation, which may contribute to its overall risk profile.
In the broader market context, Starcom's recent short-term return of 5.67% over the past week significantly contrasts with the Sensex, which has declined by 1.56% during the same period. However, the stock's year-to-date performance remains concerning, with a decline of 31.74%, while the Sensex has gained 2.85%. This underperformance over the longer term, coupled with a negative EBITDA and a significant drop in delivery volume, indicates that while the stock is currently rising, it faces substantial challenges that could hinder its recovery in the future.