Why is Sylph Techno falling/rising?

As of 17-Jul, Sylph Technologies Ltd is experiencing a price increase, currently at 1.02, reflecting a change of 0.02 or 2.0% upward. The stock has shown a positive performance today, outperforming its sector by 3.13% and has gained consecutively for the last three days, resulting in a total return of 4.08% during this period. However, despite this recent uptick, the stock has underperformed over the longer term, with a year-to-date decline of 6.25% and a significant drop of 35.18% over the past year. The company faces challenges, including operating losses and a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of -1.13, which suggests low profitability and raises concerns about its long-term fundamental strength.
In the broader market context, the stock's recent performance contrasts with the benchmark, as the Sensex has seen a slight increase of 0.83% over the past month. While Sylph Technologies has shown some short-term gains, its long-term performance remains below par, having underperformed the BSE500 over the last three years, one year, and three months. The rising investor participation, evidenced by a 32.39% increase in delivery volume, may indicate growing interest despite the company's overall weak financial health and negative EBITDA, which contribute to its classification as a risky investment.