Why is TV Vision falling/rising?

As of 30-Jun, TV Vision Ltd's stock price is currently at 7.17, reflecting an increase of 0.1 or 1.41%. The stock has shown a positive trend recently, gaining 1.7% over the last two days and outperforming its sector by 0.94%. However, despite this short-term gain, the company faces significant challenges, including a negative book value and a weak long-term fundamental strength, as evidenced by a decline in net sales and operating profit over the past five years. The company has also reported negative results for the last two consecutive quarters, with a substantial drop in profit after tax and net sales, indicating ongoing financial difficulties. Additionally, the high percentage of pledged promoter shares could exert downward pressure on the stock in a declining market.
In the broader market context, TV Vision's short-term performance contrasts with the Sensex, which has increased by 2.09% over the past week while TV Vision has decreased by 2.58%. Although the stock has shown a positive return of 4.82% over the past month, its year-to-date performance remains poor, with a decline of 66.24% compared to the Sensex's 7.00% increase. This disparity highlights the stock's underperformance relative to the broader market, suggesting that while there may be some recent gains, the overall outlook for TV Vision Ltd remains challenging amidst its financial struggles.