Why is Swiggy falling/rising?

As of 27-Jun, Swiggy Ltd's stock is currently priced at 405.60, reflecting a slight increase of 0.55 (0.14%). The stock has shown a positive trend recently, gaining 4.25% over the last four days and outperforming its sector by 0.43% today. In the past week, it has risen by 3.97%, and over the last month, it has experienced a significant increase of 26.65%. However, despite these short-term gains, the company faces challenges, including operating losses and a weak long-term fundamental strength, as indicated by a poor EBIT to Interest ratio of -49.66. The recent financial results have also been concerning, with a substantial loss in profit before tax and a negative EBITDA, which raises risks for investors.
In the broader market context, Swiggy's recent performance has outpaced the Sensex, which has only increased by 2.00% over the past week. However, the stock's year-to-date performance remains negative at -24.97%, contrasting with the Sensex's positive return of 7.58%. This divergence highlights the stock's volatility and the potential risks associated with its financial health, despite the recent uptick in price. The falling investor participation, with a significant drop in delivery volume, further complicates the outlook for Swiggy, suggesting that while short-term movements may be positive, underlying issues could hinder long-term recovery.