Why is Trio Merc. Trad. falling/rising?

As of 01-Jul, Trio Mercantile & Trading Ltd's stock price is currently at 0.69, reflecting an increase of 0.02 or 2.99%. Today's performance indicates that the stock has outperformed its sector by 3.13%. Additionally, the stock is trading above its 50-day moving average but below its 5-day, 20-day, 100-day, and 200-day moving averages. Despite this positive movement, the stock has shown a significant decline over the longer term, with a year-to-date drop of 42.02% and a one-year return of -37.27%. The company is facing challenges, including operating losses and a weak long-term fundamental strength, as indicated by a negative EBITDA and declining net sales growth of -32.97%.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has gained 2.76% over the past month. While Trio Mercantile's stock has seen a slight uptick today, its overall returns over the past week, month, year, and three years have been negative, highlighting a persistent underperformance compared to the benchmark. The majority shareholders being non-institutional and the rising investor participation, with a significant increase in delivery volume, suggest some interest in the stock, but the underlying financial weaknesses and poor growth prospects continue to pose risks for investors.