Why is Switching Tech. falling/rising?

As of 09-Jul, Switching Technologies Gunther Ltd's stock price is currently at Rs 83.46, reflecting an increase of Rs 3.56 or 4.46%. Today, the stock has shown a positive performance, outperforming its sector by 4.83% and reversing a trend after three consecutive days of decline. It reached an intraday high of Rs 83.89, indicating a strong upward movement within the day, despite a wide trading range of Rs 7.98. However, the stock's delivery volume has significantly decreased by 91.89% compared to the 5-day average, suggesting a decline in investor participation. Additionally, the company faces challenges such as a negative book value, weak long-term growth, and high debt levels, which could impact investor sentiment and contribute to volatility in its stock price.
In the broader market context, the stock has outperformed the Sensex over the past week with a return of 7.14% compared to the benchmark's 0.15%. However, over the past month, the stock has slightly underperformed with a decline of 0.52% against the Sensex's increase of 1.32%. While the stock has shown strong performance over the longer term, with a 114% increase over three years, its recent struggles with negative EBITDA and poor long-term growth metrics may create caution among investors. Overall, despite the recent rise in stock price, the underlying financial challenges may temper enthusiasm in the market.