Why is Unitech falling/rising?

As of 25-Jun, Unitech Ltd's stock price is currently at 9.15, reflecting an increase of 0.43 or 4.93%. The stock has been on an upward trend, gaining 15.53% over the last three days and outperforming its sector by 3.72% today. In the past week, Unitech has shown a significant return of 9.45%, and over the past month, it has surged by 45.24%. However, despite these short-term gains, the company faces challenges such as a negative book value, weak long-term growth, and a poor ability to service its debt, which could undermine investor confidence. Additionally, the stock has a negative EBITDA and has underperformed the market over the past year, generating a return of -20.98%.
In the broader market context, Unitech's recent performance stands in stark contrast to the benchmark Sensex, which has only increased by 1.61% over the past week. While Unitech has shown strong short-term returns, its long-term fundamentals remain weak, as indicated by its negative sales growth and high debt-equity ratio. The stock's liquidity appears adequate for trading, but the declining delivery volume suggests a potential decrease in investor participation. Overall, while the stock is experiencing a rise in price, the underlying financial issues and market sentiment may pose risks for sustained growth.