Why is Starlog Enterp. falling/rising?

As of 01-Sep, Starlog Enterprises Ltd is experiencing a price increase, currently at Rs 61.98, which reflects a rise of 2.87 or 4.86%. The stock has shown strong performance today, outperforming its sector by 3.74% and has gained 6.37% over the last two days. It opened with a gain of 2.03% and reached an intraday high of Rs 62. The stock's performance over the past week shows a return of +3.30%, while it has significantly outperformed the broader market, which has seen negative returns of -1.56%. However, despite these short-term gains, the company faces challenges, including operating losses and a weak long-term fundamental strength, with net sales declining at an annual rate of -47.15%.
In the broader market context, while Starlog Enterprises has generated an impressive return of +82.19% over the past year, the benchmark Sensex has declined by -2.43% during the same period. This stark contrast highlights the stock's ability to attract investor interest despite its underlying financial difficulties. The rising investor participation, evidenced by a significant increase in delivery volume, suggests a growing confidence among traders, even as the company grapples with negative operating profits and a concerning EBIT to interest ratio. Overall, the stock's recent upward movement appears to be driven by short-term trading dynamics rather than long-term financial health.