Why is Toyam Sports falling/rising?

As of 31-Jul, Toyam Sports Ltd's stock price is currently at 1.27, reflecting an increase of 0.01 or 0.79%. The stock has been gaining for the last four days, with a total return of 7.63% during this period, and it has outperformed its sector by 1.33% today. Despite this short-term positive movement, the company faces significant challenges, including operating losses and a weak long-term fundamental strength, as indicated by a poor annual growth rate of operating profit at -281.83%. Additionally, the stock has consistently underperformed against benchmarks over the past three years, with a one-year return of -67.77%, highlighting ongoing financial struggles.
In the broader market context, Toyam Sports has shown a short-term return of +2.42% over the past week, contrasting with the Sensex, which has declined by 1.22% in the same period. However, the stock's long-term performance remains concerning, with a year-to-date decline of -47.52%, while the Sensex has gained 3.90%. The rising investor participation, evidenced by an increase in delivery volume, suggests some market interest, but the overall financial outlook remains risky due to negative EBITDA and a significant drop in profitability metrics.